Sentences with phrase «says trading in cryptocurrencies»

Inland Revenue Customer Segment Leader Tony Morris, who oversees this work program, says trading in cryptocurrencies may happen in a digital realm but tax obligations still apply in New Zealand.

Not exact matches

DUBAI, April 28 - Iran has developed an experimental local cryptocurrency, a government minister said on Saturday, days after the country's central bank banned trading in digital currencies including bitcoin.

Wood said her fund can't own the cryptocurrency directly, so it bought shares of Bitcoin Investment Trust (GBTC) in 2015 when bitcoin traded below $ 250 to get exposure.

Revolut launched cryptocurrency trading through its app at the end of 2017 and Storonsky said the company saw an uptick in activity but it has since trailed off as the price of bitcoin has fallen.

The February rollout of cryptotrading to five states will be in phases, and Robinhood said it hopes to offer cryptocurrency trading to New York residents in the future, but noted that the state and others may require specific licensing and approvals.

Dan Morehead, founder and CEO of Pantera Capital, a hedge fund that specializes in cryptocurrencies, says his firm trades on all the major online exchanges, but will turn to a trading outfit, like Circle's, when the desk posts prices «at a discount to the market.»

In a separate hearing on ICOs in Congress last week, Mike Lempres, chief legal and risk officer for cryptocurrency exchange Coinbase, said the company does not trade ICO tokens because it «can not take the risk of inadvertently trading an asset that is later found to be a security.&raquIn a separate hearing on ICOs in Congress last week, Mike Lempres, chief legal and risk officer for cryptocurrency exchange Coinbase, said the company does not trade ICO tokens because it «can not take the risk of inadvertently trading an asset that is later found to be a security.&raquin Congress last week, Mike Lempres, chief legal and risk officer for cryptocurrency exchange Coinbase, said the company does not trade ICO tokens because it «can not take the risk of inadvertently trading an asset that is later found to be a security.»

The Chicago Mercantile Exchange (CME) Group said last week that it wanted to start trading bitcoin futures — a move that appeared to give the cryptocurrency greater legitimacy, but that also prompted some to express fears over the implications of bitcoin derivatives, given the low level of regulation in the market.

LONDON — Revenue at trading platform Plus500 jumped 284 % in the first quarter of the year, led by a surge in cryptocurrency trading, the company said on Tuesday.

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.

Coinbase, one of the biggest bitcoin marketplaces in the U.S., said Friday that trading was up again after being down for more than two hours amid a price rout in cryptocurrencies.

«The government's basic rule is to prevent any illegal acts or uncertainties regarding cryptocurrency trade, while eagerly nurturing blockchain technology,» Hong Nam - ki, minister of the office for government policy coordination, said in a statement.

South Korea said on Wednesday it will take firm action against illegal and unfair acts in cryptocurrency trading after a petition with 280,000 signatures was sent to the presidential Blue House.

Bitcoin cash skyrocketed after the leading cryptocurrency exchange said it would begin trading in bitcoin cash.

China cracked down on cryptocurrencies in September 2017, with authorities banning bitcoin trading and initial coin offerings after the People's Bank of China said such activities could pose major financial risks to the world's second - largest economy.

In February, SEC Chairman Jay Clayton said in a Senate Banking Committee hearing that he is open to exploring with Congress whether increased regulation of cryptocurrency trading platforms is necessary or appropriatIn February, SEC Chairman Jay Clayton said in a Senate Banking Committee hearing that he is open to exploring with Congress whether increased regulation of cryptocurrency trading platforms is necessary or appropriatin a Senate Banking Committee hearing that he is open to exploring with Congress whether increased regulation of cryptocurrency trading platforms is necessary or appropriate.

In prepared remarks, Clayton said he and Giancarlo are open to exploring with Congress whether increased federal regulation of cryptocurrency trading platforms is necessary or appropriate.

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.

Anatoly Aksakov, the head of the Financial Market Committee in the State Duma, the lower house of Russia's parliament, has reportedly said that the Russian Federation's Central Bank may allow the launch of cryptocurrency trading on the Moscow Stock Exchange.

According to the report in Tass, Deputy Finance Minister Alexei Moiseev has said that his agency would be working with the central bank to compile a list of exchanges that could support cryptocurrency trading, adding that other marketplaces might ultimately be allowed to offer the service as well.

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.

In a statement, Gemini CEO Tyler Winklevoss said that monitoring trades «betters our exchange and the cryptocurrency industry as a whole.»

In a statement issued by Autorite des Marches Financiers (AMF), the nation's financial market watchdog, regulators said they had noticed a growing trend in unregulated futures and derivatives trading involving cryptocurrencIn a statement issued by Autorite des Marches Financiers (AMF), the nation's financial market watchdog, regulators said they had noticed a growing trend in unregulated futures and derivatives trading involving cryptocurrencin unregulated futures and derivatives trading involving cryptocurrency.

DUBAI (Reuters)- Iran has developed an experimental local cryptocurrency, a government minister said on Saturday, days after the country's central bank banned trading in digital currencies including bitcoin.

«No Intention To Ban» In comments Wednesday quoted by Reuters, finance minister Kim Dong - yeon, who earlier in January said that a shutdown was still a possibility, finally ended apprehension surrounding the future of cryptocurrency trading in the countrIn comments Wednesday quoted by Reuters, finance minister Kim Dong - yeon, who earlier in January said that a shutdown was still a possibility, finally ended apprehension surrounding the future of cryptocurrency trading in the countrin January said that a shutdown was still a possibility, finally ended apprehension surrounding the future of cryptocurrency trading in the countrin 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.»

Iran has developed an experimental local cryptocurrency, a government minister said on Saturday, days after the country's central bank banned trading in digital currencies including bitcoin.

With regulators around the world calling for rules and laws governing trading in cryptocurrency, a director of Germany's central banks said rules...

«In light of the CFTC and the [National Futures Association]'s public statements regarding the riskiness of the underlying cryptocurrency products, we believe that the launch of new exchange - traded derivatives in cryptocurrencies deserves a healthy dialogue between regulators, exchanges, clearinghouses and the clearing firms who will be absorbing the risk of these volatile, emerging instruments during a default,» Lukken saiIn light of the CFTC and the [National Futures Association]'s public statements regarding the riskiness of the underlying cryptocurrency products, we believe that the launch of new exchange - traded derivatives in cryptocurrencies deserves a healthy dialogue between regulators, exchanges, clearinghouses and the clearing firms who will be absorbing the risk of these volatile, emerging instruments during a default,» Lukken saiin cryptocurrencies deserves a healthy dialogue between regulators, exchanges, clearinghouses and the clearing firms who will be absorbing the risk of these volatile, emerging instruments during a default,» Lukken said.

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?»

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.&raquIn 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.&raquin 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.&raquin 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.»

In fact, trade cryptocurrencies reportedly left one Reddit user with a $ 50,000 debt to the IRS, which he says he's incompetent to pay.

«This exciting collaboration is founded on a shared goal of protecting the privacy of our users, while making the cryptocurrency trading experience fluid and enjoyable,» said Kosala Hemachandra, founder of MEW in the statement.

Neil Wilson, a senior analyst at ETX Capital, said in an email on Tuesday morning: «Bitcoin faces a regulatory crunch sooner or later and increasingly we see signs of this starting to bite following South Korea's tentative plans to ban trading on cryptocurrencies and China's move to shutter mines.

Stephen Innes, head of trading in Asia - Pacific for retail FX broker Oanda in Singapore, said there had also been moves out of bitcoin into Bitcoin Cash, a clone of the original cryptocurrency.

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»

In comments Wednesday quoted by Reuters, finance minister Kim Dong - yeon, who earlier in January said that a shutdown was still a possibility, finally ended apprehension surrounding the future of cryptocurrency trading in the countrIn comments Wednesday quoted by Reuters, finance minister Kim Dong - yeon, who earlier in January said that a shutdown was still a possibility, finally ended apprehension surrounding the future of cryptocurrency trading in the countrin January said that a shutdown was still a possibility, finally ended apprehension surrounding the future of cryptocurrency trading in the countrin the country.

The ISA statement further said, «The Authority's stance follows exceptional trading in the securities of companies on the TASE that have announced in recent months their intention of doing business in the cryptocurrencies sector.

Threats of a potential cryptocurrency trading ban in South Korea have scared many investors away, but some veterans of the young market are defiant, saying restrictions would be relatively easy to circumvent.

Suffice it to say, opinion is, um, varied when it comes to cryptocurrencies and Bitcoin in particular, as is who supports it and who thinks it's the worst thing to hit trade since COD and damns them as well as uses and accepts them.

Goldman Sachs Group is reportedly setting up a cryptocurrency trading desk, sources familiar with the matter said, signaling a profound shift in Wall Street's attitude toward...

Japan is said to be the largest cryptocurrency trading market in the world, a statistic that is further cemented by the numbers brought out by the FSA study.

In their view, only a private, permissioned blockchain could satisfy this requirement.Going GlobalBitFlyer's CEO Yuzo Kano has said he wants the company to go global in the near future and will start by expanding to the U.S. market this fall, initially offering bitcoin trading but expanding to other cryptocurrencies within the next yeaIn their view, only a private, permissioned blockchain could satisfy this requirement.Going GlobalBitFlyer's CEO Yuzo Kano has said he wants the company to go global in the near future and will start by expanding to the U.S. market this fall, initially offering bitcoin trading but expanding to other cryptocurrencies within the next yeain the near future and will start by expanding to the U.S. market this fall, initially offering bitcoin trading but expanding to other cryptocurrencies within the next year.

Commenting on this case, Ms. Rashmi Deshpande, Associate partner, Khaitan & Co. said, «The move by the RBI has put the burgeoning cryptocurrency sector in jeopardy and may affect the basic rights of such entities to carry on any trade.

In the meantime, CNR said the exchange has continued to offer over-the-counter (OTC) trading that makes cryptocurrency buying and selling available for investors from mainland China.

Two best mates who began trading in cryptocurrency just a few months ago say they will be millionaires before the end of the year, having started out with

The U.S. Securities and Exchange Commission said it will freeze $ 27 million in trading sales from cryptocurrency firm Longfin.

In a separate hearing on ICOs in Congress last week, Mike Lempres, chief legal and risk officer for cryptocurrency exchange Coinbase, said the company does not trade ICO tokens because it «can not take the risk of inadvertently trading an asset that is later found to be a security.&raquIn a separate hearing on ICOs in Congress last week, Mike Lempres, chief legal and risk officer for cryptocurrency exchange Coinbase, said the company does not trade ICO tokens because it «can not take the risk of inadvertently trading an asset that is later found to be a security.&raquin Congress last week, Mike Lempres, chief legal and risk officer for cryptocurrency exchange Coinbase, said the company does not trade ICO tokens because it «can not take the risk of inadvertently trading an asset that is later found to be a security.»

Dan Morehead, founder and CEO of Pantera Capital, a hedge fund that specializes in cryptocurrencies, says his firm trades on all the major online exchanges, but will turn to a trading outfit, like Circle's, when the desk posts prices «at a discount to the market.»

That being said, the trade in cryptocurrency is inherently risky since the market is still in its infancy.