While this is good news
for digital currency investors in the country, India could quickly follow China's footsteps and forcefully shut down all exchanges, effectively stomping out the easiest way for most investors to trade cryptocurrencies.
Mohammed's story illustrates an important point which is lost on
many digital currency investors looking to get rich quick — Bitcoin and other well - established cryptocurrencies like Ethereum, Litecoin, and Ripple won't make you rich overnight.
South Korea is the world's third largest market in Bitcoin trading, after Japan and the U.S., with about 2 million
digital currency investors by one estimate.
The Gem State's finance department listed a number of concerns that investors should be aware of so they understand what they are getting themselves into by allocating their money into the digital currency
A new regulatory regime is giving businesses and investors a fresh push to use the digital currency
The MyToken ecosystem brings altogether the like -
minded digital currency investors, precisely matches the needs of digital currency industry and bridging an efficient communication channel between advertisers and users - advertisers get accurate traffic data while audience are able to choose whether to accept the Ads and benefit from paying attention to it.
According to tax department officials, the raids — conducted under section 133A of the Indian Income Tax Act — were performed in order to collect the identities
of digital currency investors, their transactions, the bank accounts used, emails, and other data.
Park's comments sent cryptocurrency prices crashing downwards in South Korea, where
furious digital currency investors began petitioning President Moon Jae - in, urging him to reconsider his cryptocurrency policy.
With more trading bots and funds being established,
digital currency investors find themselves wondering how to assess the quality of quantitative manager, and how to separate the one who was lucky in the past from the one who has a strong expertise that should lead to sustainable performance.
Meanwhile, the tax headaches
for digital currency investors are only going to increase as they must figure out how to account for spin - off currencies like Bitcoin Cash, and as the IRS deploys special software to identify Bitcoin tax cheats.
Nikhil Kalghatgi, a venture capitalist and
early digital currency investor, believes the cryptocurrency market is hindered right now by a shortage of ways for big investors to deploy hedging strategies.
Bitcoin is a risky investment that could easily plunge 50 percent next week to levels seen only last month, said a former hedge fund strategist who is now
a digital currency investor.
What's notable here is that
digital currency investors aren't necessarily going to be provided a 1099 come tax time from cryptocurrency exchanges.
Digital currency investors should also be on the lookout for pump - and - dump schemes, according to a recent warning from the U.S. Commodity Futures Trading Commission.
Digital currency investors should also be on the lookout for pump - and - dump schemes, according to a
The country, which has more than 3.5 million
digital currency investors, is considered a crypto - friendly location; however, the issue with Coincheck has highlighted to authorities that more needs to be done to maintain a secure industry in Japan.
At the most recent CoinAgenda, the leading conference for
digital currency investors, a total of eight startups competed in Puerto Rico by providing 15 - minute demonstrations to investors and leaders in the digital assets industry.
Nikhil Kalghatgi, a venture capitalist and early
digital currency investor, believes the cryptocurrency market is hindered right now by a shortage of ways for big investors to deploy hedging strategies.
Founder and CEO of OKCoin, Star Xu, said it was part of the company's plan to bring institutional and professional trading tools to
digital currency investors and help build the bitcoin trading platform of the future:
This platform solves is the problem of insufficient bandwidth held by
digital currency investors to effectively manage the investment portfolio.
2018 has been a grim time for
digital currency investors, with bitcoin alone plummeting to less than a third of its value since mid-December.
The top U.S. regulatory agency has issued a warning to «unlawful online platforms that trade digital assets» alongside issuing a recommendation to
digital currency investors.
to «unlawful online platforms that trade digital assets» alongside issuing a recommendation to
digital currency investors.
Digital currency investors might lose sleep over the fact that about 40 percent of bitcoin is held by a mere 1,000 users, capable of making prices plummet.