October 20, 2021

Bitcoin, Venmo, Robinhood may see new nationwide rules: What to know

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Once a cumbersome, niche currency touted in the internet’s dark corners by technophiles and privacy advocates, Bitcoin has become an investment asset you can buy and sell in seconds through popular money services like Venmo, Robinhood and Cash App. 

In the wake of the 2008 financial crisis and subsequent bailout, Bitcoin was imagined as a digital alternative to fiat currency that allows users to circumvent the authority of banks and governments. But as cryptocurrency continues to soar in popularity — and becomes increasingly…

Read full article here: www.cnet.com