Sentences with phrase «cryptocurrency creation events»
All we currently have is the guidance issued by the IRS in 2014, which does not address these cryptocurrency creation events.
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The initial coin offering, or token generation event (Liriano's preferred term), allows accredited investors to bankroll the creation of a blockchain that will repay them in «coins» or «tokens» that can be used on the network or traded for other cryptocurrencies.
Indeed, the event had one tangible outcome from the get - go - just prior to the break, the committee approved the creation of two subcommittees, with one devoted to cryptocurrencies and the other on broader application of distributed ledgers in the finance space.