On the heels of more than $ 100 billion in
virtual currency traded year - to - date, bitFlyer today announced the official launch of its US - based virtual currency exchange platform.
Not exact matches
South Korea's new management - minded approach is a dramatic turnaround from its energetic regulatory crackdown on cryptocurrency exchanges this past
year, alarmed at a heated market that saw local prices of Bitcoin and other
virtual currencies in South Korea
trade for higher than international levels.
She has been published in a couple of sports and entertainment magazines and newspapers throughout the
years and has dabbled with multiple
virtual currency exchanges to understand the «ins and outs» of
trading.
The Commodity Futures
Trading Commission (CFTC) recently took a series of actions confirming views expressed late last
year by CFTC Chairman Timothy Massad that» [d] erivatives contracts based on a
virtual currency represent one area within [the CFTC's] responsibilities.
Describing as the «first new asset class in hundreds of
years,» Keiser's bullish investment stance on the
virtual currency has gained serious weight as CME prepares to launch futures
trading this month.
For example, a person who in the course of a
trade or business makes a payment of «fixed and determinable income» using
virtual currency with a value of $ 600 or more to a U.S. non-exempt recipient in a taxable
year is required to report the payment to the IRS and to the payee.
Few of the major tax preparation services offer any assistance to
virtual currency investors, and self - preparing your returns this
year is all but impossible if you performed a lot of
trades in 2017.
From $ 10k to $ 12k In Just Days Data from Coinmarketcap, which averages
trading prices across major exchanges, showed Bitcoin selling for $ 12,020 as of press time, marking yet another all - time high in the
virtual currency's record - breaking
year.
Data from Coinmarketcap, which averages
trading prices across major exchanges, showed Bitcoin selling for $ 12,020 as of press time, marking yet another all - time high in the
virtual currency's record - breaking
year.
Past just conventional derivatives, dozens of
trading firms have sprung up over the last
year to allow for boutique hedge funds, family offices, or even large - sized individual traders to access the
virtual currency markets.
Since the beginning of this
year, the crypto market has experienced increased pressure from regulators around the globe with crackdowns focused on cryptocurrency
trading and initial coin offerings and this has played a major role on the performance of the
virtual currencies.
In a statement published March 28, the PBoC — China's central bank — said that intended to «carry out the rectification of various types of
virtual currencies» in an attempt to reinforce regulatory policies that it implemented last
year to restrict cryptocurrency
trading.
Lee also forecasted that about three publicly
traded corporations would commence issuing their own invented
virtual currencies before the
year ends according to reports from CNBC.
Another fan, 43 -
year - old Hiroshi Kasahara, who runs an ad agency, said: «I have been
trading stocks and forex but not bitcoin or other
virtual currencies as I was a bit scared of them... But [now] I feel like opening an account» if the group accepts payment only in bitcoin, he was quoted by Arab News.
It offers spot
trading and
trading on margin, with a leverage of 1:15, and has
traded more than $ 100 billion in
virtual currencies so far this
year.