Sentences with phrase «on their cryptocurrency trading as»

South African citizens will now be expected to pay income tax on their cryptocurrency trading as the South African Revenue Service (SARS) released a statement covering South African cryptocurrency tax laws on April 6, 2018.

South African citizens will now be expected to pay income tax on their cryptocurrency trading as the South African Revenue Service (SARS) released a statement covering...

South African citizens will now be expected to pay income tax on their cryptocurrency trading as the South African Revenue...

Not exact matches

Bitcoin, the world's largest cryptocurrency by market cap, traded as low as $ 7,676.52 on Thursday, the lowest since February 8, according to CoinDesk data.

On its website, Verge is described as a cryptocurrency which «improves upon the Bitcoin blockchain» and uses open - source software like Tor and I2P — both of which have been used in connection to the former trading site for illicit goods, the Silk Road.

The crackdown on Seoul - based operators of some of the world's busiest virtual currency exchanges comes as the government attempts to calm frenzied demand for cryptocurrency trading in Asia's fourth largest economy.

Even as China shutters Bitcoin exchanges and the U.S. Securities and Exchange Commission signals heavier scrutiny of initial coin offerings, clients of trading giant Goldman Sachs are still trying to get in on the cryptocurrency trade.

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.

[Coinbase's] impenetrability has earned it a reputation as the safest place to buy Bitcoin, helping it attract more than 9 million customers who store at least $ 3 billion in cryptocurrency there, and who have traded $ 25 billion to date on its retail brokerage as well as its institutional exchange, GDAX.

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).

Bitcoin started to dominate financial news headlines across the world again on Wednesday morning, as the cryptocurrency took off to a new record on strong momentum in early Asian trading.

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.

He also pledged that Chinese authorities would continue to apply pressure to the trade of digital assets, which was significantly ratcheted up last year with bans on token offerings, colloquially known as ICOs, and on cryptocurrency exchanges, which had to either cease or dramatically reconfigure their operations, or move abroad.

The finance ministry had published an earlier draft of the latter bill on its website in January 2018, and noted that the central bank took exception to a provision that would allow decentralized cryptocurrencies to be traded on exchanges for other digital assets as well as for fiat money.

Many options for trading cryptocurrencies on the exchanges serve as a benefit for the users.

Because on October 31, 2017, China's cryptocurrency exchanges will stop trading, as required by Chinese regulatory authorities.

«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.»

On October 16, 2017, cryptocurrency derivatives trading platform LedgerX began listing swaps as well as put and call options for BTC / USD, financial instruments that are available to the institutional market in the US.

The cryptocurrency was trading at $ 7,892.97 as of 6:54 p.m. on Tuesday (April 17), according to CoinDesk.

«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 company claims to have more than 6 million users on board, using their platform for trading Stocks, Currencies, Indices, ETF's, Commodities (CFDs) and cryptocurrencies such as Bitcoin and Ethereum.

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.

On - Ramping New Users Bitcoin and cryptocurrencies are becoming more popular by the day, as is made evident by the increasing number of users across networks and mainstreaming in the form of futures trading and hedge funds.

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.

South Korea's government said on Thursday it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil as the nation's police and tax authorities raided local exchanges on alleged tax evasion.

As cryptocurrencies and ICO's burst on to the scene, many users / traders have become frustrated with the way most platforms only trade in a specific type of Cryptocurrency.

In its report, Saxo says «Bitcoin peaks in 2018 with bitcoin above $ 60,000 and a market capitalization of over $ 1 trillion as the advent of the bitcoin futures contract in December 2017 leads to a groundswell of involvement by investors and funds that are more comfortable trading futures than tying up funds on cryptocurrency exchanges.»

Ripple is widely available on most of the world's biggest cryptocurrency trading platforms such as Kraken and BitStamp.

Reports that Iran developed its own blockchain - based cryptocurrency also garnered some attention, as the news came just days after the country's central bank banned bitcoin trading amid escalating concerns on money - laundering and volatility of such digital coins.

But as far as I can tell, most transactions in Bitcoin and other cryptocurrencies are inter-currency speculative trades: US dollars for Bitcoins, Bitcoins for dollars, Chinese yuan for Bitcoins, Bitcoins for other cryptocurrencies, Dollars for Ripples, and so on.

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.

Since technical analysis is essentially an analysis of market psychology based on price and trading volume data (as well as sentiment and positioning data to the extent they are available), cryptocurrencies seem ideally suited to this analytical approach.

Japanese users could trade on the trading platform as they could trade on Bittrex, Upbit or any other cryptocurrency - only exchange.

However, it lets you trade cryptocurrency as financial security that will track the Bitcoin prices on the market.

These raids prove that South Korea will continue to be strict on cryptocurrency platforms and exchanges which do not comply with laws, or are doing something illegal such as money laundering or insider trading.

Dealing with Bitcoin futures allows Goldman to trade on the underlying Bitcoin Cryptocurrency without being directly exposed to what the bank sees as the volatility of the cryptocuCryptocurrency without being directly exposed to what the bank sees as the volatility of the cryptocurrencycryptocurrency market.

A few trades happen on this exchange as compared to other Indian cryptocurrency exchanges.

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.

Coins fall in heavy trading session Cryptocurrencies were largely mixed on Wednesday morning in Asia, as ethereum continued to extend its 10 - day winning streak on Wednesday,...

In these letters, the SFC advised that certain tokens being traded on cryptocurrency exchange platforms may be defined as securities.

Now that Goldman Sachs has flipped on cryptocurrency and opened the first trading desk by a wall street bank, limited as it may be, the next piece of the puzzle to solve is custody, says Spence Bogart.

Bitcoin hits a four - week low before rebounding on Tuesday as South Korean statements send cryptocurrency markets yo - yoing South Korea's finance minister Kim Dong - yeon said banning trading in digital currencies is... Read more»

Now which Goldman Sachs has flipped on cryptocurrency and opened the trading desk with a wall street lender, restricted as it might be, another bit of this puzzle to resolve is custody,» states Spence Bogart.

As for today Hut 8 Starts Trading on TSXV, Becoming One of the World's Largest Publicly Traded Cryptocurrency Miners.

ETH is widely traded across the world on different cryptocurrency exchanges (such as ODEM, Requitix, Shping, Play2Live, Apollo, AQwire); therefore, it can be easily sold and purchased by the individuals by using fiat or other cryptocurrencies.

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.

The positive news on bitcoin comes at the same time as industry insiders are speculating on whether China could be looking at allowing cryptocurrency trading again.

The cryptocurrency ecosystem was sent abuzz this week as the US Securities and Exchange Commission (SEC) published a report of two new applications for bitcoin exchange traded funds (ETFs) to be listed on the New York Stock Exchange (NYSE) Arca.

As traditional financial markets opened in Asian trading this morning, cryptocurrencies headed south yet again, as they did on most of recent MondayAs traditional financial markets opened in Asian trading this morning, cryptocurrencies headed south yet again, as they did on most of recent Mondayas they did on most of recent Mondays.

Bair has a personal stake in Bitcoin and blockchain technology; she is on the board of Paxos, a fintech company and blockchain settlement platform, as well as its itBit cryptocurrency trading services division (itBit and Paxos rebranded and branched in 2016).