We believe bitcoin and
other crypto sales represent a potential mid / long term growth opportunity for Square and we are positive on the strategy.
Regarding Square's move, Paul Condra, an analyst at Credit Suisse said that they believe bitcoin, as well as
other crypto sales, signify a possible mid or long - term growth opportunity for Square and that they were very optimistic about the strategy.
Not exact matches
It helps that token
sales are often in exchange for
other crypto assets such as ethereum or bitcoin bypassing the heavily monitored and regulated banking system altogether.
Third party information provided for product features, communications, and communications emanating from social media communities, market prices, data and
other information available through Robinhood Markets, Inc., Robinhood Financial LLC or Robinhood
Crypto, LLC are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or
sale of any financial instrument or cryptocurrency or as an official confirmation of any transaction.
An IRS Notice from 2014 says bitcoin and
other digital currencies are property for tax purposes, and not currency hence they need to be accounted for as asset
sales on your tax return, even if you use your
crypto to buy a cup of coffee (or that infamous 10,000 BTC Pizza purchase back in 2010).
Twitter is reportedly preparing to ban
crypto ads and
other ads related to ICOs, token
sales,...
They've already secured a host of impressive partnerships and they're particularly noted for their transparency — they publicly publish their
sales figures, financial records and
other key performance indicators, which is a refreshing approach for the
crypto market.
Tokens.net, a new cryptocurrency exchange for ERC20 tokens and
other crypto - asset trading has so far has raised over $ 12 million dollars with 10 days left on its token
sale campaign.
The country's cryptocurrency task force is reportedly proposing a transfer income tax that levies taxes on profits from
crypto sales and said that that
other income taxes may be imposed for temporary or irregular income -LSB-...]
Different stores and
other enterprises are accepting cryptocurrency payments to increase their
sales or just let cryptocurrency enthusiast pay with
cryptos.
The South Korean government's
crypto tax task force has proposed a «transfer income tax that levies taxes on profits» made from
crypto sales, FNN writes, adding that «If income from virtual currency transactions is considered temporary and irregular,
other income taxes may be imposed.»