Rob Garver | CoinDesk Author

Rob Garver

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Collage of a slot machine (symbolizing gambling), smoke (for tobacco), high heels (representing adult entertainment), a hand holding a banknote, another holding a payment card, a mobile device, and a "denied" stamp. Illustration by Yunha Lee

Consensus Magazine (layer2)

Payments-week-22

Why Banks and Payment Processors Shun Perfectly Legal Businesses

Porn, gambling and even furniture sales are deemed “high-risk” merchant categories. Sometimes the risk is financial; other times it’s just bad publicity.

Collage of a slot machine (symbolizing gambling), smoke (for tobacco), high heels (representing adult entertainment), a hand holding a banknote, another holding a payment card, a mobile device, and a "denied" stamp. Illustration by Yunha Lee

Apr 25, 2022 at 11:37 a.m. UTC

Apr 25, 2022

payments-week-22cryptocurrency paymentsBanking

(Melody Wang/CoinDesk)

Consensus Magazine (layer2)

Crypto Tax Compliance Remains Minefield as IRS Leaves Key Questions Unresolved

A lack of guidance on everything from staking rewards to NFTs means there’s a certain amount of guesswork involved in tax filings. This piece is part of CoinDesk's Tax Week.

(Melody Wang/CoinDesk)

Feb 23, 2022 at 2:20 p.m. UTC

Feb 23, 2022

irscrypto taxestaxes 2022tax weektax-week

(Yunha Lee for CoinDesk)

Consensus Magazine (layer2)

Few Crypto Firms Even Trying to Comply With FATF's ‘Travel Rule’

Two years on, FATF is getting impatient. But privacy-conscious crypto users are in no hurry to see the regulation implemented.

(Yunha Lee for CoinDesk)

Jan 27, 2022 at 3:25 p.m. UTC

Jan 27, 2022

Travel RuleFATFPrivacyPrivacy Week

(Melody Wang/CoinDesk)

Policy

Crypto Learns to Play the DC Influence Game

The infrastructure bill was the first shot in a long battle on Capitol Hill. But do lobbyists in Washington really understand crypto?

(Melody Wang/CoinDesk)

Oct 18, 2021 at 7:26 p.m. UTC

Oct 18, 2021

Washington, DCPolicyRegulationCongressPolicy WeekCrypto 2022