Bitcoin

More than 10,000 cryptocurrency investors received open letters from the IRS informing them that they may owe taxes on their digital holdings.

The regulator postponed until October a ruling on whether listing rules can change to allow two cryptocurrency funds to start trading.

The SEC and FINRA say they’ve held a series of discussions with market participants on how decades-old custody rules might apply to virtual coins.

A Financial Action Task Force note on digital asset oversight is “one of the biggest threats to crypto today,” a research executive said.

Making sure what we say and what clients hear has been a trial-and-error process, but one that’s yielded useful results.

“The general feeling is that progress is made every day, little by little,” an executive said of the crypto community’s optimism.

The delay does not “indicate that the commission has reached any conclusions,” the regulator said.

Respondents say they’re concerned about volatility, regulatory uncertainty and a lack of fundamentals to use in determining the right price for bitcoin.

New regulated products from the company will cover the full crypto spectrum, its CEO says.

The proposal from CBOE Global Markets, if passed, would have been the industry’s first-of-its-kind.

The platform will offer a range of crypto products for large investors, according to people with knowledge of the matter.

The technology could make collecting more appealing to investors.

Clients who intend to file as soon as they receive their W-2s are advised to start gathering their documents.

The regulator says it will keep an eye on issues like cybersecurity and cryptocurrencies.

The SEC has cited concerns about manipulation as a top worry that must be addressed before it approves a bitcoin ETF.

The product, which allows investors to purchase virtual currencies on their exchange, hits the market at a low point for bitcoin.

Chairman Jay Clayton said he remains worried that cryptocurrency can be too easily stolen or manipulated on exchanges.

The new platform will support bitcoin and Ether early next year and offer over-the-counter trade execution and order routing.

Love or hate Bitcoin and other cryptocurrencies, Ric Edelman says advisors still must prepare to help clients invest in a "cashless future."

"It’s still a very sketchy area," one accounting professional says.