Sentences with phrase «on cryptocurrency gains»

Tax authorities in Belgium aren't joking around when it comes to Belgians paying taxes on their cryptocurrency gains.

Here in the U.S., discussions about bitcoin regulation have largely centered on making sure people pay taxes on their cryptocurrency gains.

Exchange and wallet startup Coinbase has taken to reminding its customers to pay taxes due on their cryptocurrency gains.

Going forward with the new tax bill, everyone will be expected to pay taxes on cryptocurrency gains, just like they do for gains on stocks.

Daniel Palmer CoinDesk Exchange and wallet startup Coinbase has taken to reminding its customers to pay taxes due on their cryptocurrency gains.

Not exact matches

LONDON, April 12 - Cryptocurrency prices jumped on Thursday, led by a surge in bitcoin to two - week highs, with people active in the market citing a squeeze on traders who have bet against prices, given a lack of obvious news to trigger the gains.

The country's regulators may institute a capital gains tax on cryptocurrency and prevent youngsters from signing up for trading platforms.

One source — it's unclear whether he is the same source who provided the above quote — said that other measures, such as value - added and capital gains taxes on cryptocurrency trades and corporate taxes on exchanges, are also being discussed in government circles.

While the unprecedented growth of cryptocurrencies in 2017 has many focused on historic financial gains, Microsoft's blockchain guru is still waiting for the real revolution.

The cryptocurrency has now more than tripled in value since trading at $ 968 on Dec. 31, and has gained nearly 30 percent in June alone.

Although the start of 2018 has seen the overall market cap of cryptocurrencies decline, many investors have high hopes for litecoin to pick up speed again and continue on from last year's impressive gains.

«The bitcoin price made significant gains in a trading hour today as price spiked up to nearly $ 740 on the Bitstamp Price Index (BPI), pushing towards the higher ceilings of the cryptocurrency in 2016.

The information on a 1099 - K reports the gross proceeds from the transactions involving cryptocurrency but does not provide the necessary details to determine any gains or losses on the transactions.

And on Twitter, Sanchez seconded that sentiment, saying, «OpenBazaar is supposed to be a free and open protocol for trade using cryptocurrency, a way for currencies and tokens to gain meaningful economic utility to acquire goods and service, and an entry point for people to earn and onboard.»

The market bounced back on Wednesday with IOTA leading the top 10 cryptocurrencies with a 17 % gain by the end of the trading day.

The top 100 cryptocurrencies continued moderate gains over the weekend, with IOTA leading the top 10 with another 18 % gain on Sunday.

Investments — Investments are entirely comprised of various cryptocurrencies and are reported at fair value as determined by digital asset market exchanges with realized gains and losses calculated on a trade data basis as the difference between the fair value and cost of cryptocurrencies transferred.

Liquidity - The Company had limited revenues since inception of March 9, 2017 limited to realized gains on investments in cryptocurrency.

«Many people who made lots of money on cryptocurrencies in 2017 likely don't have the cash on hand to cover their capital gains taxes, so they may need to sell additional cryptocurrency holdings in order to raise the cash to pay the IRS.

According to Le Monde, France's State Council of taxation has announced a severe lowering of financial penalties on gains from cryptocurrencies such as bitcoin.

Firstly, ICOs provide efficient and low cost funding to promising start - ups or early - stage projects that is accessible to any participant across any geography reducing their entry barriers; secondly, they provide an investment opportunity in a new and disruptive technology to gain on future potential of blockchain while allowing the participants to diversify their current exposures in cryptocurrencies along with high liquidity.

Pretty much every cryptocurrency is on the rise and has gained a significant amount of price over the past few weeks.

While some privateness lovers should not completely satisfied concerning the improve in authorities scrutiny of cryptocurrencies, the elevated consideration from regulatory our bodies and the calls for for KYC protocol implementation on exchanges are clear indicators that digital currencies are gaining legitimacy within the public eye.

The royal decree established a tax on all cryptocurrency transactions ─ 7 % VAT and 15 % capital gain tax.

Prices of the main cryptocurrencies were in a negative territory on Monday after another week of strong gains last week.

Apparently, few people have reported cryptocurrency gains on their taxes.

As bitcoin gained momentum and recognition, a large portion of the community asked for a better currency code that adheres to the International Standards Organization's rules on cryptocurrency codes, mainly that currencies not associated with a specific country should start with the letter X, hence XBT.

TOPICS IN THIS INTERVIEW 01:05 Embracing Bitcoin, Ethereum and the Blockchain 04:35 The long - term trajectory of Bitcoin and other Cryptocurrencies 08:50 ICOs and the potential to make large gains on Investments 12:00 Trustworthy tokens 15:25 Potential use cases of Blockchain Technology 17:05 Blockchains without a token?

OmiseGo's OMG token is reporting double - digit gains today, figures that throw shade on the rest of the top 25 cryptocurrencies by market valuation.

Trading on cryptocurrencies is rapidly gaining momentum; the number of interested is growing 3.

While less than 100 individuals out of a quarter million reporting capital gains on cryptocurrency investments, there is definitely a cause for concern.

In 2012, the Cryptocurrency Legal Advocacy Group (CLAG) stressed the importance for taxpayers to determine whether taxes are due on a bitcoin - related transaction based on whether one has experienced a «realization event»: when a taxpayer has provided a service in exchange for bitcoins, a realization event has probably occurred and any gain or loss would likely be calculated using fair market values for the service provided.»

As the cryptocurrency gold rush gains steam, there's no telling how many more cybercriminals are going to get in on the act.

Prices of the main cryptocurrencies were in a negative territory on Monday after another week of strong gains last...

TOPICS IN THIS INTERVIEW 01:05 Embracing Bitcoin, Ethereum and the Blockchain 04:35 The long - term trajectory of Bitcoin and other Cryptocurrencies 08:50 ICOs and the potential to make large gains on Investments 12:00 Trustworthy tokens 15:25 Potential use cases of Blockchain Technology 17:05...

The cryptocurrency market surged this week, with bitcoin and the major altcoins posting double - digit gains on improved investor sentiment and signs of growing institutional interest.

The major cryptocurrencies are having another strong session, with all of the top 10 coins sporting gains, adding more than 5 % on average since yesterday.

The world's top cryptocurrencies corrected lower on Saturday, as investors scaled back their positions following a week of record - setting gains.

Formally called the Gain / Loss Calculator, the tool can make preparing to file an income tax return a lot less work — as long as all cryptocurrency transactions were conducted on Coinbase.

Over the last year, we have seen cryptocurrencies gain a lot of headlines, but the average person still has no idea of the impact cryptocurrency can have on their daily life.»

The New Year has started with a bang for cryptocurrencies as most of them are posting gains again on day three of 2018 during the Asian trading session.

Prices of main cryptocurrencies made nice gains overnight during the Asian trading session on Monday, with...

Data from across major exchanges shows a sudden reversal in Bitcoin's fortunes on the day, the cryptocurrency gaining $ 300 in around 15 minutes.

The scary part is that many cryptocurrency speculators don't even realize they will have to pay taxes on the gains.

On top of that, the cryptocurrency miners will have to pay not only capital gain taxes, but also VAT, which in Israel is 17 %.

And today, there's a wall of cryptocurrency effectively trapped out there — investors fear missing out on gains, they don't want to return to fiat currencies, plus they want to avoid the risk of a huge tax liability.

Hughes pays for his expenses with money inherited from his late father, his gains on cryptocurrency investments and money made working at Panera and Arby's.

This session looks at the use of technology in financial crime cases, as compared to traditional methods of gaining evidence on individuals and companies, and the challenges of investigating and locating evidence in the age of blockchain, cryptocurrencies, and the cloud, and considers the best use of personnel, remedies, systems and processes for effective asset recovery.

While on the one hand regulatory pressure from the regulator and banks, as well as market uncertainty is affecting cryptocurrency trading in India; blockchain technology is certainly gaining ground in Asia's third - largest economy.

This piece provides insight on two budding cryptocurrencies that have the potential to deliver exponential gains on par with Bitcoin's performance.