Sentences with phrase «from trading of cryptocurrencies»

Lee's firm estimates that the American authorities may gain as much as $ 25 billion in capital gains taxes this year.According to him, capital gains from trading of cryptocurrencies and stocks last year amounted to $ 1.04 trillion.

Not exact matches

The system only allows exchanges that have applied for a license, known as a «Bitlicense,» from New York State's Department of Financial Services to trade cryptocurrencies.

South Korea's new management - minded approach is a dramatic turnaround from its energetic regulatory crackdown on cryptocurrency exchanges this past year, alarmed at a heated market that saw local prices of Bitcoin and other virtual currencies in South Korea trade for higher than international levels.

The Dutch family of five is in the process of selling pretty much everything they own — from their 2,500 - square - foot house, to their shoes — and trading it in for the popular cryptocurrency.

A head of the European Union's watchdog said a short - term strategy could be to focus on applying anti-money laundering and terrorist financing rules, warning consumers of the risk of trading in cryptocurrencies and preventing banks from holding them.

Since then, the value of the cryptocurrency has come off its all - time highs and trades for around C$ 13,000, but remains up significantly from where it was a year ago.

Autonomous NEXT recorded a record high of 226 global hedge funds focused on trading cryptocurrencies, up from 110 global hedge funds as of October 18.

At least 3.5 million people were trading cryptocurrency on Japan's 17 domestic exchanges as of the end of March this year, according to Coindesk's translation of statistics from the country's Financial Services Agency (FSA).

LONDON — Online trading platform Plus500 raised its profit forecasts for the year on Wednesday, saying it has benefitted from the booming popularity of cryptocurrencies like bitcoin.

The fog of frenzied cryptocurrency trading looks like it may soon dissipate, leaving markets and society with more of the good that's resulted from its foundational technology — frictionless, secure, and efficient virtualized transaction settlements — and less of the bad — highly speculative cryptocurrency trading.

Chinese bitcoin exchange BTCChina said on Thursday that it would stop all trading from Sept. 30, setting off a further slide in the value of the cryptocurrency that left it over 30 percent away from the record highs it hit earlier in the month.

A Colorado legislator has introduced a measure to the House of Representatives that would define as gross income gains worth over $ 600 from the sale or trading of cryptocurrency.

The South African government's tax collection agency is taking steps to better understand the ways and means of cryptocurrency trading, apparently eying tax revenue from digital asset holders.

Big Money Movers As signs of life from Bitcoin begin to make waves in the broader cryptocurrency market, the amount of high - volume, off - exchange trades is starting to pick up.

Nevertheless, the bank received enough interest from hedge funds, endowments, and other institutional investors that its board of directors voted to approve the move that will see it become the first major US bank to use its own funds to trade cryptocurrencies or cryptocurrency derivatives.

«I see the memo as the CFTC cautioning its employees on the ethical issues that could be raised by their trading in cryptocurrencies, encouraging them to consider and seek advice from the CFTC ethics team before trading in cryptocurrencies, noting that employees may not transact in cryptocurrencies if they have nonpublic information about them from their work at the CFTC, and advising that those who participate in CFTC dealings related to cryptocurrencies may not trade in them for conflict of interest reasons.»

The «modern technology services» discussed in the report point to cryptocurrencies and their usage to launder money derived from the illicit trade of firearms, drugs, human trafficking, and other organized crime.

In one of its Financial Services Policy updates, Google has decided to ban advertisements promoting cryptocurrencies and the related content which includes initial coin offerings (ICOs), cryptocurrency exchanges, cryptocurrency wallets, and cryptocurrency trading advice, starting from June this year.

Investors and exchanges in South Korea were bracing themselves for what was understood as a potential government - issued ban on cryptocurrency trading; but conflicting reports from different parts of the government are now surfacing, leaving the global community rocking on its heels.

As financial institutions» interest in trading cryptocurrencies explodes, Andreessen Horowitz is leading a group of influential venture capitalists to protect cryptocurrencies from being classified as securities.

Following inspections from People's Bank of China, the Big Three Chinese exchanges have halted margin and zero - fee cryptocurrency trading.

On Thursday, January 11, 2018, reports from South Korea indicated that some of the nation's authorities are planning a ban on cryptocurrency trading in the country.

Financial services group Nordea, which banned its employees from engaging in off - the - clock cryptocurrency trading earlier this year, said at the time that financial institutions often «restrict the personal account dealing of staff to prevent them taking positions in speculative investments, or which might expose them to a risk of financial loss and therefore impact their financial standing.»

The CEO & Founder of the company is Dan Clark, a software engineer with experience from creating automated trading systems for stock and cryptocurrency markets.

Thomas Peterffy, chairman of the broker - dealer Interactive Brokers Group, expressed deep concerns about the trading of bitcoin futures last month, saying «there is no fundamental basis for valuation of Bitcoin and other cryptocurrencies, and they may assume any price from one day to the next.»

Japanese cryptocurrency traders exceed 3 million: Japan is one of the most crypto - friendly countries out there with more than 3 million Japanese trading in cryptocurrency according to the latest figures from its Financial Services Agency (FSA).

Robin Zhu, chief operating officer at Huobi, is quoted as saying in January 2017: «The regulator wanted to grab a big picture of how significant cryptocurrency trading was in China — how does bitcoin work; where does the money come from; where does it go to; how do people make and lose money?»

The proliferation of the virtual currency and the accompanying trading frenzy have raised eyebrows among regulators globally, though many central banks have refrained from supervising cryptocurrencies themselves.

Apart from a number of rules that were already issued, the National Tax Service (NTS) is currently drafting a framework on how to effectively collect taxes on cryptocurrency trading transactions.

Prices of cryptocurrencies tumbled during the Asian trading session on Wednesday, as more attacks were directed at the virtual currency industry from prominent figures such as JPMorgan CEO Jamie Dimon and from NORTH KOREA.

Through deliberation of Bithumb Cryptocurrency Deliberative Committee, the exchange is launching an ICON Airdrop from March 21 to March 25, 2018 exclusively for members who trade 1 million Won (KRW) or more within the event period.

The consensus for the sentiment shift from bearish to bullish seems to be the positive and mature outlook offered on the cryptocurrency sector by Christopher Giancarlo, chairman of the U.S. Commodity Futures Trading Commission (CFTC) during his testimony in front of the Senate Banking Committee last Tuesday.

ZEC's retreat from the record high of $ 955.26 could be associated with overbought technical conditions and broad - based drop in cryptocurrency prices due to fears of trading restrictions in South Korea.

This might leave cryptocurrency investors in the dark in the event of «[thefts] of vast sums of virtual currency from customer accounts, sudden and poorly explained trading outages, possible market manipulation, and difficulties when withdrawing funds from accounts.»

The Thai regulator approved a tax on the trade in cryptocurrency, allegedly in order to protect «naive merchants» from the loss of personal funds.

In particular, the organization raised concerns about leveraged trading of cryptocurrencies, though it acknowledged that the low correlation between cryptocurrencies and other assets «suggests that the risk of spillovers from idiosyncratic price moves in crypto assets to the wider market may be limited at this point.»

A regular partner for the Bitcoin Asia community, Ronny Boesing, CEO of Crypto Coins Exchange Denmark ApS (CCEDK) sheds more light on the venture from Bitcoin adoption to working and trading other cryptocurrencies.

In mid-January of 2018, the PBoC prohibited payment providers from facilitating cryptocurrency trades.

For example, in both cases, each purchaser in the ICO is prohibited from purchasing more than $ 2,500 worth of coins (unless detailed know - your - client and suitability reviews on the purchaser are conducted) and Impak and Tokenfunder are restricted from listing and trading their coins on any cryptocurrency exchange unless prior approval is obtained from their respective provincial securities regulators.

On May 7, 2018, officers from the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) will accumulate as a part of a operating workforce to speak about the regulatory classification of Ether and different cryptocurrencies.

Most of these cryptocurrency exchanges either confirmed that they did not provide trading services for such cryptocurrencies or took immediate rectification measures, including removing relevant cryptocurrencies from their platforms...

Prices of cryptocurrencies climbed overnight during the Asian trading session, trimming heavy losses from the...

This new platform is meant to give customers of regulated and certified brokers access to listing participants and cryptocurrency trading via traditional trading terminals where they will be able to buy, sell, deposit and withdraw in cryptocurrency from trading accounts.

The study examined data from seven cryptocurrency trading exchanges spanning a period of 12 months.

The decline is being largely attributed to fears of cryptocurrency trading ban at South Korean exchanges — a possibility that is looking less certain after new statements from the government.

While trading with CFDs seems like a very desirable investment proposition short - term, what if you think that Ethereum is the cryptocurrency you want to invest in a long - term and want to hold it for a longer period of time to benefit from a long - term growth potential.

This ranges from identifying time trends in transaction data, to creating price prediction models, to estimating the relationship between flows of cryptocurrencies to exchanges and subsequent trading activity.

Our members come from various levels of experience in cryptocurrency trading, investing and development.

And even private trading of cryptocurrency arranged through chat - apps like Telegram and WeChat, for example, could fall under scrutiny, according to the Wall Street Journal.This much stricter stance on Bitcoin, beyond just exchanges but also concerning Bitcoin itself, seem consistent with comments from PBOC Counselor Sheng Songcheng, as reported by local news sources like Shanghai Securities News.

Actually, there are many explanations for the falling of the trading on the cryptocurrency market — from software problems to unpleasant news about regulations and so on.