Sentences with phrase «cryptocurrencies out of concerns»

Other governments continued to seek to regulate cryptocurrencies out of concerns about money laundering and other fraudulent activities.

Even as the use of bitcoin becomes more prevalent, few businesses openly advertise that they accept cryptocurrency out of concern they will be extorted.

Not exact matches

The Financial Services and Treasury (FSTB) of Hong Kong has released its Money Laundering and Terrorist Financing Risk Assessment report which indicates that cryptocurrencies are left out of organized crime or ML / TF concerns.

«We didn't think it was obvious to rush out a product and be first,» said CEO Jeff Sprecher on Tuesday, expressing concern about the lack of transparency at cryptocurrency exchanges, many of which will be referenced in price indexes used for cryptocurrency derivatives.

While less than 100 individuals out of a quarter million reporting capital gains on cryptocurrency investments, there is definitely a cause for concern.

But cryptocurrency, blockchain and cybersecurity experts are concerned that Plattsburgh may be missing out on an opportunity to be at the cutting edge of a blossoming industry.

The researchers point out that the irreversibility of cryptocurrency supply is a major concern.

In regards to money laundering concerns, previous reports have indicated that reported cryptocurrency - related money laundering cases in Japan number only 669 out of 400,043 — which means cryptocurrency cases reported in 2017 only account for less than 0.17 percent of all suspected money - laundering cases in the country.

This battle should not concern you as the purpose is to find the highest yielding coin for 2018 out of the top five current cryptocurrencies.

Thus, unless the individual taxpayer carries on an active trade or business concerning cryptocurrencies, income from the sale or purchase of cryptocurrency is not subject to tax in the context of the Personal Income Tax (PIT) code, Rogerio Fernandes Ferreira, the lead tax partner at international law firm Rogerio Fernandes Ferreira & Associados pointed out.

Many well - known figures in the industry have since voiced out their concerns, as well as predictions of the situation of the cryptocurrency world, as it continues to be unstable.