Crypto Taxation

Crypto Wash Sales: Are New Tax Rules Closing the Loophole?​

As of May 1, 2025, the Internal Revenue Service (IRS) continues to classify cryptocurrencies as property, not securities. This distinction means that the traditional "wash sale" rule, which disallows claiming a tax deduction for a loss on a security sold and repurchased within 30 days, does not currently apply to digital assets like Bitcoin and […]

China’s Central Bank and the Integration of Artificial Intelligence in Digital Finance

The integration of Artificial Intelligence (AI) into digital finance marks a pivotal moment in the evolution of financial technologies. As China’s Central Bank, the People’s Bank of China (PBOC)

Xapo Bank Offers Bitcoin-Backed Loans: A New Era in Crypto Lending

Xapo Bank has recently launched an innovative Bitcoin-backed loan product, enabling eligible clients to borrow up to $1 million against their Bitcoin holdings.