Visa CEO asked about future of cryptocurrency

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Visa CEO Al Kelly talks to CNN’s Julia Chatterly about the company’s plans for cryptocurrency.
#CNNBusiness #FirstMove #Bitcoin


Vietnam Massive Zone says:

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Aye Jay says:

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Lance Wallach says:

The IRS tax laws involving cryptocurrency continue to evolve. In general, the U.S. tax laws involving the taxation of cryptocurrency can be very complicated. This is primarily due to the fact that the Internal Revenue Service treats cryptocurrency as property, even though it is generally thought of as currency. Moreover, cryptocurrency tax enforcement is on the rise as well. Even the updated Draft 1040 for 2020 includes a question about cryptocurrency on the first page of the form. Whether or not you received an IRS Letter 6173, 6174 or 6174-A, you are at a risk for an IRS cryptocurrency tax audit. This is further amplified if you maintain cryptocurrency at Coinbase, due to the court approval (after several rounds) of the IRS Summon for more than 14,000 account holders.
Lance Wallach receives hundreds of calls annually to help people fight the IRS and get their money back from the promoters of these scams. As an expert witness, Lance's side has never lost a lawsuit. Google Lance Wallach and your advisor, who do you trust?

M S says:

I don't get it. How are the banks going to get involved with crypto when there is supposedly no need for them? Do people just expect bank of America and jp Morgan just to go bankrupt? Makes no sense to me

Logan Elijah says:

Investing in bitcoin is the best investment anyone can do this year 2021
Because bitcoin investment has made a lot of people millionaires

Halil Şen says:

During a gold rush, sell shovels.

Heywood says:

Ha. I bought 750,000 Ada at $.02. I can literally retire at the end of the year if this tread continues. And I know it will for at least another year or two.
I will not give these scum another cent of my money. Visa and cnn are both trash.

Ben Martinez says:

It’s amazing how technology has advanced to the point of making currency digital. CRYPTO will soon overtake currency. A more advanced, and digital future.

ajayb says:

I thought the whole point of crypto was to get rid of middlemen taking fees and cuts… and yet visa wants to stay relevant by assisting with fiat conversion of crypto?? What a joke!

Mary Bryant says:

It wasn't easy for me trading cause i have lost alot of money until i was able to get a big income stream last year during the pandemic investing with a trustworthy and professional broker, Mrs Grace bennet she's really good in what she does.I'm retired but i live a comfortable life all thanks to her.

Garrett Broadnax says:

As an American, it's borderline suspicious to hear a reporter ask questions about something as if they've heard of it before they read it on the teleprompter

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