Virtual currencies, such as cryptocurrencies and virtual assets, are increasingly used in human and drug trafficking, but the Government Accountability Office (GAO) says agencies face challenges ...

As digital technology continues to evolve, the financial industry is undergoing a transformative shift with the rise of virtual currency. With its ability to streamline transactions, reduce costs, and ...

The AICPA submitted comments and recommendations to the IRS Monday regarding further guidance on the tax treatment of cryptoassets and the question about them that individual income tax returns now ...

Amazon is excited about its virtual currency coming in May. But CNET News' Stephen Shankland is concerned about sacrificing the flexibility of real-world money and other potential pitfalls. Stephen ...

TL;DR: European regulators are examining in-game currencies like Riot Points, potentially altering game monetization practices significantly. European regulators have set their consumer-protecting eye ...

Virtual currency includes any type of digital unit that is used as a medium of exchange or a form of digitally stored value. It includes digital units of exchange that: Have a centralized repository ...