Since there is no specific instruction or method of accounting to consider bitcoin and other popular currencies like Ether and Litecoin in Japan, many adopters leave their digital
currency holdings off their books entirely, the report noted.
Therefore, many people and companies simply leave their digital
currency holdings off their books.
Not exact matches
If you are wondering which
currency to
hold at the start of a new year, chances are you'll be better
off with euros.
A reserve
currency is a foreign
currency held by central banks and other major financial institutions as a means to pay
off international debt obligations.
It all began when Charlie Lee announced he sold
off his LTC
holdings when the
currency hit a rather high value.
As an example, my balanced mandates
hold a note that pays
off of the weighted average performance of four Asian
currencies.
My conclusion based on the short history of
currency - hedged funds is that the tracking error is so bad that we are better
off holding US - based ETFs directly.
And if the dollar isn't your home
currency, it's generally served as a decent portfolio hedge in the risk on / risk
off environment of the past few years: For example, when the market's risk
off, your portfolio suffers — but dollar strength usually benefits your TLI
holding (& vice versa).
What strategy should I take in the future if / when my local
currency starts the strengthen... do I
hold my foreign investments through it and just trust in cost averaging long term, or try sell them
off to avoid the devaluation?
A Secret Service agent was charged with stealing over $ 800,000 of bitcoin from the investigators, who had
held the seized digital
currency to be auctioned
off for the benefit of the law enforcement agencies.
TOKYO (Reuters)-- The dollar
held steady against the yen on Thursday after recovering against the safe - haven Japanese
currency as stocks bounced back from a sell -
off triggered by an escalating U.S.