Sentences with phrase «for cryptocurrencies held»

For cryptocurrencies held for more than a year, gains are treated as long - term.
U.S. households likely owe $ 25 billion in capital gains taxes for their cryptocurrency holdings, according to estimates by Tom Lee, head of research at Fundstrat Global Advisors.
Thomas Lee, head of research at Fundstrat Global Advisors, said in a report last week that U.S. households likely owe $ 25 billion in capital gains taxes for their cryptocurrency holdings.
Thomas Lee, head of research at Fundstrat Global Advisors, says U.S. households likely owe $ 25 billion in capital gains taxes for their cryptocurrency holdings.
A summary of comments made after the first reading of bill 419059 - 7, «On Digital Financial Assets,» shows the Kremlin eager to enshrine foreign investor access to future Russian token releases, as well as produce clear tax obligations for cryptocurrency holdings from the outset.
Tax, Foreign Investment In Spotlight A summary of comments made after the first reading of bill 419059 - 7, «On Digital Financial Assets,» shows the Kremlin eager to enshrine foreign investor access to future Russian token releases, as well as produce clear tax obligations for cryptocurrency holdings from the outset.
Following that, a Russian blogger was beaten for his cryptocurrency holdings.
U.S. households likely owe $ 25 billion in capital gains taxes for their cryptocurrency holdings, which could result in «massive» selling of the digital currencies into U.S. dollars by the mid-April tax filing deadline, one Wall Street analyst said.
U.S. households likely owe $ 25 billion in capital gains taxes for their cryptocurrency holdings, resulting in «massive» selling of the digital currencies into U.S. dollars by the mid-April tax filing deadline, one Wall Street analyst said.
According to Lee's estimates, US households likely owe $ 25 billion in capital gains taxes for their cryptocurrency holdings.

Not exact matches

Metropolitan Bank Holding Corp, which is used by cryptocurrency companies and investment firms for wire transfers and deposits, has ceased all cryptocurrency - related international wires effective immediately, Fortune has learned.
Now, MetaStable owns about a dozen different cryptocurrencies, including Bitcoin (which one of the fund's co-founders, Lucas Ryan, originally received for free in 2011), Ethereum, and Monero (of which the fund holds nearly 1 %, or about $ 6 million worth, of all outstanding coins), according to a pitch deck seen by Fortune.
On Wednesday, Fidelity Investments, the asset manager, added the ability for customers to view the cryptocurrency holdings in their Coinbase accounts on its own website.
And in some circumstances, if one party refuses to disclose their cryptocurrency holdings, the court can make an award heavily in favor of the other party to make up for it.
In the same month, Yapian, the owner of South Korea's Youbit exchange, filed for bankruptcy following a hack that saw 17 percent of its cryptocurrency holdings stolen.
The company also unveiled a custodian service that offers to securely store cryptocurrency holdings for institutional investors, like hedge funds.
Confido, which claimed to be developing a smart contract - based cryptocurrency payment platform for online shoppers, held the ICO from November 6 to 8.
This extends, for example, to securities firms and other market participants that allow payments to be made in cryptocurrencies, set up structures to invest in or hold cryptocurrencies, or extend credit to customers to purchase or hold cryptocurrencies.
Tavonia Evans, who worked in the tech industry for nearly 20 years before launching her own cryptocurrency, called $ Guap, sees those women too and says they're raising the bar because of how they've been held back in the past.
Finally, the document says that the Financial Supervisory Service (FSS) has «held practical consultations with banks that are planning to provide a service to establish a system for verifying the identity of [cryptocurrency exchange] users.»
A proposed law in New Jersey would make it illegal for firms holding cryptocurrency on the behalf of clients to lend out tokens in its custody.
The anticipation surrounding the launch of Etherparty's crowdfund creator has been steadily growing for months, and with the imminent arrival of Rocket, Etherparty has decided to hold a contest for startups looking to crowdfund using cryptocurrency.
President Nicolás Maduro recently said that Venezuela will hold the presale for its oil - backed, state - issued cryptocurrency, the petro, on February 20, and that the government will distribute mining equipment to universities, savings banks, and other institutions.
«There are numerous legal and technical challenges that make it difficult for institutional investors to hold cryptocurrency assets in custody for their customers.
Can't Nobody Hold Coincheck Down As reported by Reuters, Japanese cryptocurrency exchange Coincheck Inc. has recorded a writedown of roughly $ 432.56 million for the financial year ending in March.
Various investors and spectators are at odds about the value cryptocurrencies hold, but they look to Bitcoin for market indications.
A cryptocurrency startup named LoopX has pulled an exit scam after collecting around $ 4.5 million from users during an ICO (Initial Coin Offering) held for the past weeks.
NEW YORK, April 30 A U.S. judge on Monday rejected Alibaba Group Holdings Ltd's bid for a preliminary injunction to block the Dubai cryptocurrency firm Alibabacoin Foundation from using the Alibaba name.
They mostly hold bitcoin and ether, but I think they could be much easier way for most investors to get a 1 - 2 % exposure in cryptocurrencies.
Exciting times are coming for cryptocurrencies and we will have to wait and see what the future holds.
A U.S. judge on Monday rejected Alibaba Group Holdings Ltd's bid for a preliminary injunction to block the Dubai cryptocurrency firm Alibabacoin Foundation from using the Alibaba name.
Cryptocurrency prices are still very volatile, however, and no one knows what the future holds for them.
Markets for ether, the cryptocurrency linked to the ethereum distributed computing platform, were rocked yesterday by a huge flash crash that saw prices fall from over $ 365 down to as low as 10 cents on one exchange before bouncing back shortly afterwards — an event that is mildly worrying for anyone concerned about cryptocurrency volatility, but has had devastating consequences for some professional traders who have seen their holdings wiped out.
WaveCrest held a substantial proportion of the market share for prepaid cryptocurrency debit cards, therefore Visa's actions will likely affect a large number of customers who rely on these cards for everyday expenses.
It's been a trying few weeks for nearly anyone holding cryptocurrency.
It wouldn't be at all surprising if some customers had maxed out their credit cards to purchase Bitcoin or other cryptocurrencies, hoping to sell their holdings for a profit in order to pay off their cards.
A new LendEDU survey of Bitcoin investors shows that a vast majority plan to hold their investment for over a year, challenging the assumption that the cryptocurrency is mostly used by short - term investors.
The SIT has previously asked the ED, NCB and the Income Tax Department «to take adequate measures to prevent the use of cryptocurrencies,» the publication noted, adding that the Team «has called for a second round of meetings to be held in Delhi next month, where the officials from all the aforementioned agencies will review the use of cryptocurrencies
Buying these smaller tokens should be thought of as like early - stage venture capital investing, which often involves holding an investment for a long time, according to David Drake, founder of multi-family office LDJ Capital, which invests in cryptocurrencies.
Monex was also cited as saying it hopes to hold an IPO of Coincheck shares at a future date - a move that would be a first for a Japanese cryptocurrency exchange.
Given that cryptocurrencies are easily transferable, free from government control, incredibly secure and completely anonymous, they held great interest for the Chinese investors who face strict government control especially when it comes to the Chinese Yuan.
Understanding the basis for the emerging dominance of these countries over the cryptocurrency market helps to predict what the future may hold.
For those determined to hold cryptocurrencies for the long haul, this week's price volatility is not abnormFor those determined to hold cryptocurrencies for the long haul, this week's price volatility is not abnormfor the long haul, this week's price volatility is not abnormal.
BoE Governor Mark Carney has called for the authorities to regulate cryptocurrencies and hold them to the same standards as the rest of the financial system.
Simply buy a cryptocurrency and hold onto it for long - term profits.
Arbitrageurs aim to hold onto their cryptocurrency for as little time as possible.
aim to hold onto their cryptocurrency for as little time as possible.
Because bitcoin created the market for cryptocurrencies, it has been able to hold a 90 percent market share over other virtual currencies for nearly the entirety of its existence.
That is the minimum capital holding for a cryptocurrency exchange, as required by the FSA.
The old adage of «buy low, sell high» holds for cryptocurrencies just as it holds for any other sort of asset.
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