After a denial last month, a federal court in the Northern District of California has authorized the Internal Revenue Service (IRS) to serve an information request to Kraken. The IRS will serve the crypto exchange with a John Doe summons, which requests user information to identify crypto holding ta...
News
06 5月 2021
Square reports $3.51 billion in bitcoin revenue via its Cash app for first quarter of 2021
Square hauled in $3.51 billion in bitcoin revenue during 2021's first quarter, according to Thursday's earnings release.
That resulted in $75 million in gross profits during the same period. On a broader scale, Square said it made $964 million in gross profits for the period, meaning that the gross ...
News
06 5月 2021
Goldman Sachs moves to let investors bet on bitcoin’s price with new derivatives: report
Goldman Sachs has moved to offer derivatives products tied to the price of bitcoin to its clients, according to Bloomberg.
The derivatives in question are non-deliverable forwards, which are contracts between two parties that agree to settle at a certain date the difference between the spot price an...
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