Currencies

Walmart, like Amazon, seeks cryptocurrency lead

Walmart is looking to get in on the action with cryptocurrencies as the United States' largest private employer has initiated a search on Monday for a digital currency and cryptocurrency product lead.

EXPLAINER: How cryptocurrency fits into infrastructure bill

A lot right now in the U.S. Congress. One way lawmakers propose to pay for the $1 trillion infrastructure bill the Senate approved Tuesday is by imposing tax-reporting requirements for cryptocurrency brokers, the way stockbrokers report their customers’ sales to the IRS. It could open the way for tighter regulation of cryptocurrency — something the Biden administration is moving toward as it also pushes for tax compliance.