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Where are digital currencies going?

In a recent issue of The Mountain Times, HWC Financial principal Kevin Theissen examined the state of digital currencies and whether the U.S. Federal Reserve plans to issue a central bank digital currency. In a new setback for crypto industry advocates, the pending bipartisan infrastructure bill includes tax-reporting requirements for cryptocurrency brokers. Whether or not changes to the cryptocurrency market are made via this infrastructure bill, they certainly seem likely in the near future.

Each week, HWC Financial principal and advisor Kevin Theissen pens the ‘Money Matters’ column in The Mountain Times, an independent, family-owned newspaper that has been operating from Killington, Vermont, for the past fifty years. These articles aim to make often complex financial topics — like saving, investing, retirement, and economic indicators — more accessible, digestible, and relevant to life beyond Wall Street.