Browsing: cryptocurrency

The term “blockchain technology” is overused now, and its definition has become diffuse, in the best of cases. We tend to associate it with anything related to cryptocurrencies, or that uses their underlying technology, but the truth is that a blockchain, as such, is just one type of structure that cryptocurrencies can use as a…

The tax code treats virtual currency as property, not currency, triggering income recognition events that many taxpayers never anticipated, according to a Congressional Research Service (CRS) report published September 2. The stakes are immediate: a recent Tax Court ruling upheld staking income taxation, a pending case challenges the same principle, and Congress is drafting bills…

Chipotleis investing in a new food safety risk management platform in partnership with Artificial Intelligence giant Palantir. The pilot comes amid a busy summer of food safety incidents driven largely by a nationwide cyclospora outbreak. Chipotle was not implicated. But Chipotle said the food-safety platform is “designed to provide a more consistent and centralized view…

Cryptocurrency kiosks, sometimes called cryptocurrency ATMs or Bitcoin ATMs, look like traditional ATMs and allow customers to exchange cash for cryptocurrency. They’re often located in convenience stores and gas stations.