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Nalezeno "the U.S.": 2589

Cash Crisis: National Currencies Plunge in the Wake of Coronavirus


Announcing an open-ended QE program Monday for unprecedented asset purchasing, the U.S. Federal Reserve has pledged to purchase assets "in the amounts needed," signaling the beginning of a virtually unlimited easing effort which will include moving into corporate bonds for the first time. The post...

Good News For Crypto Traders in the U.S. as IRS Extends Tax Deadline


The tax deadline in the USA has been extended due to the Covid-19 outbreak, and this concerns crypto as well. The U.S. Treasury Department and Internal Revenue Service (IRS) have issued guidance extending the tax deadline 2020 for all individual and other non-corporate tax filers with up to USD...

Bitcoin Rallies as Fiat Currencies Drop Against the U.S. Dollar


After a major market crash last week, bitcoin (BTC), the most popular cryptocurrency, at least today is somewhat showing its power as a hedge against risks inherent in fiat currencies and the broader financial system. Trading up 12% over the past 24 hours as of press time (USD 5,772 at 12:41...

US State Wants to Legally Seize Unclaimed Cryptocurrencies Left at Custodians


The U.S. state of Illinois has advanced a bill to consider unclaimed cryptocurrencies at custodians abandoned after five years. The coins will then be liquidated and the proceeds remitted to the State Treasurer. The cryptocurrency owners will have no recourse against the custodians or the state....

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