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Cryptocurrency or Cryptoasset?

Cryptocurrencies, any digital and decentralized currency that relies on cryptography to prevent counterfeiting and fraudulent transactions, have been defined, but their standing as a useful tool, smart investment and their future tax status remains murky.. Cryptocurrency functions as both a currency and an asset so its final legal status as either will impact banking and Read More

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Security Breach of Reporting Services Requires Increased Consumer Vigilance

Security breaches like the recent hack into credit reporting service Equifax can have impacts for years. It’s estimated that more than 140 million Americans had their personal data stolen in this cyber crime, the company revealed. “What this really means for consumers is that we will have to be hyper-vigilant about our financial matters,” says Read More

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