The IRS is serious about collecting
its dues on cryptocurrency investments.
Not exact matches
Its approach was centered
on fulfilling customer
due diligence obligations, warning consumers that their crypto
investments are not protected, and preventing regulated financial institutions from buying, holding or selling
cryptocurrencies.
Shares of disk drive company Seagate Technology (STX) were flying Monday, reportedly
due to its early
investment in a
cryptocurrency called Ripple that has soared in value, though it was sinking
on Monday.
Similar to how G5 currencies are typically viewed as safe
investments due to their relative stability, Chou imagines three to five
cryptocurrencies will be deemed «viable» candidates for the exchange and clearinghouse, based
on market capitalization and functionality.
Bitcoin and other
cryptocurrencies are high - risk
investments so please do your
due diligence and consult the financial advisor before acting
on any information provided.
Shares of disk drive company Seagate Technology (STX) were flying Monday, reportedly
due to its
investment in a
cryptocurrency that has soared in value, though it was sinking
on Monday.
a) High price volatility as
investments tied to Virtual Currencies are highly unstable and are primarily based
on speculations; b) Failure / closure of Virtual Currency exchanges / businesses
due to any reason including action by law enforcement agencies; and c) Hacking / security compromises of
cryptocurrency exchanges and wallet businesses.