Fidelity’s Crypto Arm Responds to 6 Common Bitcoin Criticisms
Fidelity Digital Assets has responded to some of bitcoin's most frequent criticisms citing heightened interest in the cryptocurrency.
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Buterin has been both the golden child of crypto, and the recipient of some of the most trenchant criticism. For a bit of fun, he decided today was the day he wanted to dig some notable digs up and share them with his Twitter followers. Ethereum co-founder Vitalik Buterin asked for, and received in spades, examples of “the craziest and most unhinged criticisms” of him on Twitter and elsewhere.Buterin’s lighthearted request came in a Jan. 14 tweet in which he shared some of his own favorite criticisms and revealed the Ethereum (ETH) creator’s lighter side. More than 500 people responded in....
The 2022 U.S. tax season is upon us and cryptocurrency traders need all the help they can get. Here are five common crypto tax misconceptions you should look out for, courtesy of crypto tax software provider, Cointelli.
“You don’t have to pay taxes on crypto”
One very common mistake that people make is thinking they don’t have to pay tax on cryptocurrency transactions. However, crypto transactions are taxable, and the IRS is very capable of coming after you and your assets if you don’t comply. The IRS refers to cryptocurrency as virtual....
The Digital Assets division within Fidelity Investments will have around 500 total staff members by the first quarter of 2023, according to a spokesperson. $4.5 trillion asset management firm Fidelity Investments is reportedly set to hire another 100 people to bolster the firm's growing digital assets division — a stark contrast to the recent squeezing out of crypto-talent. A Fidelity representative told Bloomberg on Oct. 22 that the firm has begun a new round of hiring which will bring the Fidelity Digital Asset’s headcount to around 500 by the end of the first quarter of 2023. A search....
Two months after filing VanEck’s BitcoinETF, CBOE has submitted another application — one proposed by Fidelity — to the SEC. The Chicago Board Options Exchange, or CBOE, has filed Fidelity’s Wise Origin Bitcoin (BTC) exchange-traded fund with the United States Securities and Exchange Commission.CBOE filed a Form 19b-4 on Monday seeking to list Fidelity's Wise Origin Bitcoin Trust Bitcoin ETF that was initially submitted to the SEC by the $4.9 trillion asset manager back in March.Monday’s Form 19b-4 which puts CBOE as the exchange partner for Fidelity’s Bitcoin ETF filing has triggered the....
“As a contested election deepens a crisis of legitimacy, Bitcoin presents an alternative to the existing system of governance.” The post Bitcoin Responds To American Vote Of No Confidence In Electoral Politics appeared first on Bitcoin Magazine.