Tag Archives: Crypto

Are Cryptocurrencies Currency? Why The Answer Matters For Corporate Tax Purposes

Lauren Assayag – This July, Tesla announced it will likely accept Bitcoin as payment again. If you purchase a Tesla using a cryptocurrency, like Bitcoin, would Tesla recognize the receipt of an asset and record ordinary business income?  How would you account for your purchase of the Tesla in exchange for Bitcoin?  Would different tax and […]

Golden Ticket: How NFTs Can Help Artists Profit From Ticket Resales

Nicolas Torres – N.F.T. Three letters that, until this Spring, would have been met with confused silence in all but the most tech-savvy circles. Over the last four months, a surge in investor interest has brought non-fungible tokens (NFTs) into the limelight. NFTs entitle the holder of a token to ownership of a digital asset […]

Crypto-Haven: How Miami Plans on Transforming the Beachside City Into a Technological Hotbed

Kareem Tabba – Earlier this month, Miami’s city commission approved the first step of a resolution that would put Miami at the forefront of the Bitcoin and cryptocurrency revolutions. In a 4-1 vote, the city commission voted in favor of a resolution to study the feasibility of “diversifying [the city’s] investment portfolio” and holding a […]