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Crypto regulation, tax strategies and more: The wild ride of cryptocurrencies

Crypto regulation, tax strategies and more: The wild ride of cryptocurrencies

This week, Yahoo Finance analyzed the latest cryptocurrency news, including what the 2024 presidential election could mean for the future of crypto regulation.

(00:23) Andrew Gordon, Partner at Gordon Law, joined Yahoo Finance to offer advice to investors on the best tax strategies for their crypto investments and discuss what makes crypto taxation so special compared to stocks or securities. He also shared his thoughts on what a future Trump or Harris presidency could mean for crypto regulation.

(04:22) The price of Bitcoin (BTC-USD) fell below $60,000 last weekend. Jared Blikre, markets and data editor at Yahoo Finance, has created a timeline of the cryptocurrency’s volatility.

(06:13) Josh Schafer and Julie Hyman of Yahoo Finance provided insight into Bitcoin miner Marathon Digital’s (MARA) proposal to sell convertible bonds.

(07:51) On Thursday, August 8, key crypto executives met with the White House to discuss crypto industry regulation. Yahoo Finance’s David Hollerith and Ben Werschkul analyzed the conversation and discussed how a potential Kamala Harris presidency would handle crypto regulation.

(11:02) Robinhood (HOOD) reported that their cryptocurrency revenue increased 161% year over year. CEO Vlad Tenev joined Yahoo Finance to share his thoughts on how crypto and AI will change the investing space.

Click here for more expert insights and information on current market developments.

This post was written by Meredith Lawrence.

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