A Day in NYU's Course on Cryptocurrencies
Last week, I got the chance to sit in on New York University's (NYU) class on cryptocurrencies. The course, led by finance professor David Yermack and law professor Geoffrey Miller, is offered jointly by both the Stern School of Business and the NYU School of Law. As one of the only cryptocurrency courses offered in the world, these students could shape the future political and financial landscape for the cryptocommunity, both domestically and internationally. Also read: NYU Prepares Class on Cryptocurrencies. This is the First Semester NYU has Offered this Class. I wrote about this course....
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Who remembers VHS? What about Betamax? The point is that technologies come and go; some succeed and prosper, and some others disappear without trace. Some people are aware of cryptocurrencies but choose not to use them; for many of these people the problem is simply one of trust. It seems that a lot of people do not trust cryptocurrencies and the high-profile collapse of Mt gox certainly hasn't helped things. A recent article on CNN about the future of cryptocurrencies reported that cryptocurrencies have an image problem and it is a huge one. That image problem is stopping Bitcoin, and....
Russia’s parliament has advanced the bill that proposes to recognize cryptocurrencies as property. The proposed law will provide legal protection for cryptocurrencies but income from their activities will also be subject to taxation. Cryptocurrencies to Be Considered Property in Russia Russia’s State Duma, the lower house of Parliament, adopted a bill that recognizes cryptocurrencies as property and subjects income from them to taxation in the first reading, RIA Novosti reported last week. Noting that the document was submitted to the parliament by the government on Dec. 1,....
A recent survey of financial advisors and their investing strategies shows “a significant shift to embracing cryptocurrencies.” More than 26% indicated that they plan to increase their recommendation of cryptocurrencies over the next 12 months. Furthermore, 49% of advisers said that clients have asked them about investing in cryptocurrencies in the last six months. Financial Advisors Show Significant Shift to Embracing Cryptocurrencies The 2021 Trends in Investing Survey, conducted by the Journal of Financial Planning and the Financial Planning Association (FPA), and supported....