With tax season looming on the horizon, a lot of people are worried about what they need to do with
regard to their cryptocurrency investments.
Not exact matches
You should not treat any information on smartereum.com as a call
to make any particular decision
regarding cryptocurrency usage, legal matters,
investments, taxes,
cryptocurrency mining, exchange usage, wallet usage, initial coin offerings (ICO), etc..
Different ideologies have been made as
regards to bitcoin, but since it is becoming a successful
investment, other kinds of
cryptocurrencies have also sprung up.
Previously, Augur co-founder and
cryptocurrency venture capital firm chief
investment officer Joey Krug publicly expressed his concerns
regarding the lack of developers and open - source projects working on scaling solutions
to enhance the Ethereum network.
The U.S. Securities and Exchange Commission (SEC) has denied a Freedom of Information Request (FOIA)
regarding the BitConnect
cryptocurrency investment scheme, citing an exemption usually applied
to records tied
to law enforcement.
Regarding cryptocurrencies and initial coin offerings, this exposes investors
to «substantial risk including the risk
to lose their
investment.»
Other customer protections, such as proper risk disclosures
regarding cryptocurrency investments, or capital standards for exchanges, will only serve
to provide the
cryptocurrency market with additional legitimacy.