Tag Archives: cryptocurrency

Are Some Cryptocurrencies a Type of Security? Congress Seems to Think So

ROSANA B. FERNANDEZ—Since its inception in 2009, governments all over the world have been struggling with how to regulate cryptocurrencies. Congress seems to have come up with a solution: calling it a security. As Congress prepared for their holiday recess, the House of Representatives introduced the “Cryptocurrency Act of 2020.” The bill’s stated purpose is […]

Have we Moved the Needle on Cryptocurrency Regulations?

SARAH VALENTI—The regulation of cryptocurrencies has been the subject of several high profile hearings over the past few months. Despite all the attention, have we moved any closer to establishing regulations on this emerging market? Likely not, based on the IRS’s failure to put out comprehensive guidelines for investors and Congress’ failure to competently hold […]

Bitcoin: Legal Tender or Monopoly Money?

JOSEPHINE JORGENSEN—2017 is a big year for Bitcoin: its value continues to rise and reach new records. Bitcoin reached a record high of more than $7,400 on November 3, bringing the market capitalization above $124 billion. Those that bought into Bitcoin early on have made an impressive return on their investment. An original investment of […]