Virtual Currency - Sell Virtual Currency - Paymentwall

price points

Integrate Virtual Currency API

Paymentwall offers virtual currency exchange rate adaption in over 50 global currencies to localize purchasing options. Provide virtual money for in game purchases through...

Read more


Website: https://www.paymentwall.com

Related topics : virtual currency exchange rates / virtual currency exchange game / sell virtual currency / virtual currency exchange / virtual global currency

Virtual Currencies | Internal Revenue Service

The sale or other exchange of virtual currencies, or the use of virtual currencies to pay for goods or...

Read more

Date: 2017-12-19 22:34:56
Website: https://www.irs.gov

Related topics : virtual currency exchange business / virtual currency exchange / virtual currency

Virtual currency - definition of Virtual currency by The ...

Virtual currency - definition of Virtual currency by The Free Dictionary

https://www.thefreedictionary.com/Virtual+currency

bitcoin

n

1. (Computer Science) (usually capital) a system of open source...

Read more


Website: thefreedictionary.com

Related topics : virtual currency exchange definition / open source virtual currency system / free virtual currency / virtual currency exchange software / virtual currency payment system

IRS Virtual Currency Guidance | Internal Revenue Service

IRS Virtual Currency Guidance

IRS Virtual Currency Guidance : Virtual Currency Is Treated as Property for U.S. Federal Tax Purposes; General Rules for Property Transactions Apply

IRS Statements and Announcements

IR-2014-36, March. 25, 2014

WASHINGTON -- The Internal Revenue Service today issued a notice providing answers to frequently asked questions (FAQs) on virtual currency, such as bitcoin. These FAQs provide basic information on the U.S. federal tax implications of transactions in, or transactions that use, virtual currency.

In some environments, virtual currency operates like "real" currency -- i.e., the coin and paper money...

Read more

Date: 2017-12-19 22:33:49
Website: https://www.irs.gov

Related topics : virtual currency like bitcoin / virtual currency exchange bitcoin / virtual currency meaning / virtual currency exchange / virtual currency bitcoin

Virtual currency system - The IT Law Wiki

A virtual currency system is a system in which transactions take place using virtual currency .

There are three types of virtual currency systems:

In a "closed-flow" virtual currency system virtual currency can be used only to purchase virtual goods or services. An example of a closed-flow transaction is the purchase of items to use within an online game . Virtual tools amassed by players can be...

Read more

Date: 2014-08-12 03:07:53
Website: http://itlaw.wikia.com

Related topics : virtual currency system / virtual world currency exchange / virtual currency exchange game / virtual currency exchange / virtual currency market

Virtual currency bitcoin meaning - Transfer bitcoin ke ...

Virtual currency bitcoin meaning

Virtual currency bitcoin meaning

Japanese push to regulate exchanges and recognize bitcoins as. a definition for bitcoin and virtual currencies that.

(U) Bitcoin Virtual Currency: Intelligence Unique Features

The small number of Bitcoins will mean it will...

How can I create a bitcoin like virtual currency not based on.

Bitcoin Is Not Money, Charges Dropped...

Read more


Website: http://mops-welpen.info

CFTC Launches Virtual Currency Resource Web Page

December 15, 2017

CFTC Launches Virtual Currency Resource Web Page

Washington, DC -- The Commodity Futures Trading Commission (CFTC) today launched a virtual currency resource Web page, cftc.gov/bitcoin . This dedicated page is a central repository for Commission-produced resources about virtual currency, and is designed to educate and inform the public about these commodities, including the possible risks associated with investing or speculating in virtual currencies or recently launched Bitcoin futures and options.

The newly launched Web page provides quick access...

Read more


Website: http://www.cftc.gov

Related topics : virtual currency market / virtual currency exchange bitcoin / virtual currency bitcoin / virtual currency exchange / virtual currency

What are Virtual Currencies Essay -- paper currency, bitcoin

Virtual Currencies are increasingly becoming a part of not only the virtual world but also the real world. There are many problems associated with virtual currencies. Due to its similar to paper currency, a lot of questions have risen regarding its acceptance among the people in the market. Virtual currencies are growing in popularity and although they were large used by speculators who were...

Read more


Website: http://www.123helpme.com

Bitcoin and Money Laundering - World.tax

Decentralized and untraceable virtual currencies are attractive to those wishing to shift money across borders or to conduct illegal activities online anonymously. Bitcoin became a favourite means of payment on the Silk Road, a digital marketplace for illegitimate trade that operated exclusively on the "Tor" network. Given these concerns, regulatory agencies in charge of preventing money...

Read more


Website: https://www.world.tax

Related topics : virtual currency exchange definition / virtual world currency exchange / virtual currency exchange business / virtual currency exchange bitcoin / virtual currency exchange

Commodity Futures Trading Commission Approach to Virtual ...

Commodity Futures Trading Commission Approach to Virtual Currency Futures Markets

virtual currency and virtual currency derivatives present both significant opportunities and challenge

market abuses of pump and dump schemes

�CFTC declared virtual currencies to be a "commodity" subject to oversight under its authority

Virtual Currency Futures Markets� -� �insider trading, false...

Read more


Website: https://investorsbuz.com

Related topics : virtual currency market / virtual currency like bitcoin / virtual currency exchange bitcoin / virtual currency bitcoin / virtual currency exchange platforms

Should I only report on my ITR the transactions in ...

Each exchange of one cryptocurrency for another cryptocurrency is technically a "sale", (as would an exchange of a cryptocurrency for US dollars), that does need to be reported.�

The IRS has made that clear in Notice 2014-21

Q-6: Does a taxpayer have gain or loss upon an exchange of virtual currency for other property?

A-6: Yes. If the fair market value of property received in exchange for virtual currency exceeds the taxpayer's adjusted basis of the virtual currency, the taxpayer has taxable gain. The taxpayer has a loss if the fair market value of...

Read more


Website: https://ttlc.intuit.com

Related topics : virtual currency exchange business / virtual currency exchange / virtual currency market / virtual currency

What changes for virtual currency with anti-money ...

Virtual currency for the 1st time falls under Italian anti-money laundering law with the decree implementing the European 4th AML Directive.

The long awaited Italian legislative decree implementing the European 4th anti-money laundering (AML) directive (the "Italian AML Decree") is now in place and you can read here about the impact on the gaming sector and here on the broader scope of changes...

Read more

Date: 2017-12-19 07:30:24
Website: http://www.gamingtechlaw.com

Related topics : virtual currency exchange definition / virtual currency exchange bitcoin / virtual currency exchange game / virtual currency exchange / virtual currency bitcoin

Global Virtual Currency Market 2016 Industry Research Report

The Global Virtual Currency Industry 2016 Market Research Report is a professional and in-depth study on the current state of the Virtual Currency industry. The report provides a basic overview of the industry including definitions and classifications. The Virtual Currency market analysis is provided for the international markets including development trends, competitive landscape analysis,...

Read more


Website: https://market.biz

Related topics : virtual currency market / virtual currency exchange definition / virtual global currency / virtual currency exchange game / virtual currency exchange

Virtual Currencies: An Essay Example For Beginners

Contact

Virtual Currencies

A currency is known as the common mode of payment mode of payment that is used in a certain jurisdiction and facilitates that exchange of goods and services. The currency must be customarily accepted for use, be circulating and be legal. This is what many people will refer to as the legal tender or a real currency. The use of a currency has led to the creation of...

Read more


Website: http://www.deltadawnbook.com

Related topics : virtual currency exchange game / virtual & digital currency and payment systems / virtual currency exchange rates / virtual currency exchange business / virtual currency meaning

Bitcoin, Cryptocurrency Trades Face New Liability in Tax ...

The sweeping GOP tax bill includes a provision that would increase tax liabilities for investors looking to exchange bitcoin, ether, and other virtual currencies that have soared in value.

The legislation would eliminate the ability of investors to defer taxes when they exchange one virtual currency for another if the original currency has appreciated in price. The impact stems from a...

Read more


Website: https://www.bna.com

Related topics : virtual currency exchange bitcoin / virtual currency exchange rates / virtual currency exchange / digital virtual currency and bitcoins / virtual currency like bitcoin

Value of Virtual Currencies v US Dollar | Virtual Currency ...

This is a list of real and virtual currency exchange rates against the US dollar. The values listed represent the amount of a given currency you can expect to be able to purchase for 1 USD.

List of Virtual Currencies v US...

Read more


Website: http://www.ivanwalsh.com

Related topics : virtual currency list / virtual currency exchange rates / virtual world currency exchange / virtual world currency / virtual currency exchange

NYSDFS: BitLicense Frequently Asked Questions

Subject to certain exceptions, anyone engaging in any of the following activities is required to obtain a BitLicense:

Virtual currency transmission

Storing, holding, or maintaining custody or control of virtual currency on behalf of others

Buying and selling virtual currency as a customer business

Performing exchange services as a customer business

Controlling, administering, or issuing...

Read more

Date: 2017-03-30 22:04:03
Website: http://www.dfs.ny.gov

Related topics : virtual currency exchange business / sell virtual currency / virtual currency exchange software / virtual currency exchange / virtual currency

PROCEEDS OF CRIME (SUPERVISORY BODIES) (VIRTUAL CURRENCY ...

Proceeds of Crime (Supervisory Bodies) (Virtual Currency Exchange Business) (Exemption) (Jersey) Order 2016

Made                                                                  23rd September 2016

Coming into force                                               26th September 2016

THE...

Read more

Date: 2018-01-11 19:57:53
Website: https://www.jerseylaw.je

Related topics : virtual currency exchange business / virtual currency exchange / virtual currency meaning / virtual currency

Virtual currency | Article about virtual currency by The ...

Virtual currency | Article about virtual currency by The Free Dictionary

https://encyclopedia2.thefreedictionary.com/virtual+currency

Also found in: Dictionary .

virtual currency,

a means of payment that is electronically created and stored, more specifically an unregulated electronic medium of exchange that operates like a currency but is created and controlled by computer software; also called...

Read more


Website: https://encyclopedia2.thefreedictionary.com

Uniform Regulation of Virtual Currency Businesses Act

Virtual currency can be simply defined as a form of electronic value, the value of which depends on the market. It is not backed by government (so that it lacks status as legal tender). The interest in virtual currency arises because it is allegedly safer from hacking, often cheaper and faster, and has...

Read more


Website: http://www.uniformlaws.org

Related topics : virtual currency exchange business / virtual currency exchange / virtual currency market / virtual currency / electronic currency exchanger

European Union – Policy Summary for Regulation of Virtual ...

European Union - Policy Summary for Regulation of Virtual Currency

March 23, 2016

COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT AND THE COUNCIL on an Action Plan for strengthening the fight against terrorist financing

"Virtual currency exchange platforms: There is a risk that virtual currency transfers may be used by terrorist organisations to conceal transfers, as transactions...

Read more


Website: http://bitlegal.io

Related topics : virtual currency exchange platforms / virtual currency exchange / virtual currency payment system / virtual currency system / virtual currency market

Initial Coin Offerings, Digital Tokens and Virtual Currencies

Initial Coin Offerings, Digital Tokens and Virtual Currencies

What have Initial Coin Offerings, Digital Tokens and Virtual Currencies got to do with investments?

If you have been puzzling over terms like digital, virtual or cryptographic currencies, or digital tokens, or initial coin offerings and wondered what these terms mean, you may like to find out more here.

What are digital, virtual or...

Read more


Website: http://www.mas.gov.sg

Bitcoin - CFTC

Today, FinTech is driving innovation in financial markets across the globe. New technologies are wide-ranging in scope, from cloud computing and algorithmic trading to distributed ledgers to artificial intelligence and machine learning to network cartography, and many others. These technologies have the potential for significant or even transformational impact on CFTC regulated markets and the...

Read more


Website: http://www.cftc.gov

Related topics : virtual currency exchange bitcoin / digital virtual currency and bitcoins / virtual currency market / virtual currency bitcoin / virtual world currency exchange

Australia to regulate virtual currency exchanges like Bitcoin

Australia is set to regulate virtual currency exchanges such as Bitcoin and strengthen the powers of its financial intelligence agency AUSTRAC as it cracks down on money laundering and terrorism financing

Australia is set to regulate virtual currency exchanges such as Bitcoin and strengthen the powers of its financial intelligence agency AUSTRAC as it cracks down on money laundering and terrorism...

Read more


Website: https://phys.org

Related topics : virtual currency exchange bitcoin / virtual currency like bitcoin / digital virtual currency and bitcoins / bitcoin digital currency exchange / virtual currency bitcoin

Virtual currency - Wikipedia

Definitions[ edit ]

In 2012, the European Central Bank defined virtual currency as "a type of unregulated, digital money, which is issued and usually controlled by its developers, and used and accepted among the members of a specific virtual community". [1] :13

In 2013, Financial Crimes Enforcement Network (FinCEN), a bureau of the US Treasury , in contrast to its regulations defining currency as...

Read more

Date: 2017-12-20 01:25:46
Website: https://en.wikipedia.org

Virtual currency - Wikipedia

Definitions[ edit ]

In 2012, the European Central Bank defined virtual currency as "a type of unregulated, digital money, which is issued and usually controlled by its developers, and used and accepted among the members of a specific virtual community". [1] :13

In 2013, Financial Crimes Enforcement Network (FinCEN), a bureau of the US Treasury , in contrast to its regulations defining currency as...

Read more

Date: 2017-12-27 15:01:38
Website: https://en.wikipedia.org

If virtual currency (i.e bitcoin, litecoin) were exchanged ...

When you turn virtual currency into anything real (including US$, gold coins or something else) you have to deal with the capital gains implications.

The sales price of the virtual currency is the daily cash exchange price of the virtual currency. �Then, you have to look at the purchase price for the same currency. �If you sell for more than you paid, you have a capital gains transaction and owe either short term...

Read more


Website: https://ttlc.intuit.com

Related topics : virtual currency exchange bitcoin / virtual currency exchange / virtual currency like bitcoin / virtual currency bitcoin / sell virtual currency

SEC.gov | Investor Bulletin: Initial Coin Offerings

To facilitate understanding of this new and complex area, here are some basic concepts that you should understand before investing in virtual coins or tokens:

What is a blockchain?

A blockchain is an electronic distributed ledger or list of entries - much like a stock ledger - that is maintained by various participants in a network of computers.� Blockchains use cryptography to process and...

Read more

Date: 2018-01-10 15:18:31
Website: https://www.sec.gov

Related topics : virtual currency exchange business / virtual currency exchange bitcoin / virtual currency exchange rates / virtual currency exchange / digital virtual currency and bitcoins

Bitcoin down as S Korea plans crypto-currency crackdown

Bitcoin fell 11.6% this morning after South Korea announced it would ban anonymous trading of virtual currencies and crack down on money-laundering activities using them, amid growing fears of a bubble over crypto-currencies.

South Korea is emerging as a key centre for crypto-currency trading, accounting for 20% of global bitcoin transactions, roughly ten times its share of the world...

Read more


Website: https://www.rte.ie

Related topics : virtual currency exchange bitcoin / virtual world currency exchange / virtual currency exchange / digital virtual currency and bitcoins / using bitcoin for currency exchange

How Bitcoins Are Taxed - The Balance

By William Perez

Updated April 07, 2017

Whenever bitcoin is bought, sold, or traded, there are tax impacts. We'll discuss how bitcoins and other forms of virtual currency are taxed, and point out record keeping requirements and tax planning techniques that can be utilized. At the end you'll find resources for continuing your own research.

The big picture:

"The key thing going forward is...

Read more


Website: https://www.thebalance.com

Philippine Central Bank Approves Registration of Virtual ...

Local media has reported�that the Philippines' central bank, the Bangko Sentral ng Pilipinas (BSP), has successfully registered two companies seeking to operate bitcoin exchanges in the Philippines. The announcement comes after the BSP introduced legislation designed to recognize and regulate virtual currency exchanges earlier this year.

The Philippine virtual currency exchanges will operate under the Anti-Money Laundering...

Read more


Website: https://satowallet.com

Related topics : virtual currency exchange bitcoin / virtual currency exchange business / bitcoin exchange money laundering / virtual currency exchange / bitcoin money exchange

Virtual World Currency Value Fluctuation Prediction System ...

Virtual World Currency Value Fluctuation Prediction System Based on User Sentiment Analysis

Young Bin Kim, 

Figures

Abstract

In this paper, we present a method for predicting the value of virtual currencies used in virtual gaming environments that support multiple users, such as massively multiplayer online role-playing games (MMORPGs). Predicting virtual currency values in a virtual gaming...

Read more


Website: http://journals.plos.org

Related topics : virtual world currency exchange / virtual world currency / virtual currency and the financial system the case of bitcoin / virtual currency exchange game / open source virtual currency system

What Community Bankers Should Know About Virtual ...

The virtual currency landscape includes many participants, from the merchant that accepts the virtual currency, to the intermediary that exchanges the virtual currency on behalf of the merchant, to the exchange that actually converts the virtual currency to real currency, to the electronic wallet provider that holds the virtual currency on behalf of its owner. Accordingly, opportunities abound...

Read more


Website: https://www.communitybankingconnections.org

Could Virtual Currencies be the Future of Payment Systems?

Digital Currency � o � Payment Processing

Transferring money to someone in another country can be a long, expensive and risky process.� The funds exchange hands multiple times before arriving at their destination, and with each exchange comes delays, more fees, and a higher risk that the funds will be misrouted or end up in the hands of the wrong person.� The U.S. government is aware of...

Read more


Website: https://www.digitalcurrencyperspectives.com

Related topics : virtual & digital currency and payment systems / virtual currency payment system / ripple virtual currency system / virtual currency system / digital currency payment system

Virtual currency exchanges in China told to shut down ...

Virtual currency exchanges in China told to shut down operations by regulators

Virtual currency exchanges in China have been told to close down their operations, according to a news publisher that reports on the industry.18 Sep 2017

Asia Pacific

CoinDesk reported that Chinese authorities have called on the trading platforms to announce that they are closing before the end of 15 September, and...

Read more


Website: https://www.out-law.com

Related topics : virtual currency exchange business / virtual currency exchange platforms / virtual currency exchange bitcoin / virtual currency exchange / digital currency exchange business

Bitcoin & Cryptocurrency - CFTC Launches Virtual Currency ...

The newly launched Bitcoin web page provides quick access to the CFTC's virtual currency primer; CFTCTalks podcast episode featuring CFTC staff discussing virtual currencies; LabCFTC, the Commission's FinTech effort; and a fact sheet explaining the CFTC's role in oversight of virtual currencies.

Additionally, the CFTC today released a Customer Advisory, titled " Understand the Risks of Virtual Currency Trading ". This advisory details the risks of purchasing Bitcoin virtual currencies in the cash market, in addition to those risks present in virtual currency futures and options.

The CFTC's Jurisdiction and Virtual Currencies

Bitcoin and other virtual...

Read more


Website: https://coinweek.com

Related topics : virtual currency exchange bitcoin / virtual currency bitcoin / virtual currency market / virtual currency exchange / virtual currency system

A free virtual currency platform for developers | SuperRewards

A free virtual currency platform for developers

A free virtual currency platform for developers

You've come to the right place!

If your social or mobile game has a virtual currency component, it's important to make the most of the platform you choose to manage that currency as your game grows.

So what's the secret when it comes to choosing a great currency platform? Let's look at some key factors that contribute to success...

INTEGRATE FOR FREE IN MINUTES

Easy setup and integration: Getting a currency platform in place should be easy; usually one or...

Read more

Date: 2017-12-19 04:43:15
Website: https://www.superrewards.com

Related topics : virtual currency exchange platforms / free virtual currency / virtual currency exchange game / buy virtual currency / virtual currency exchange rates

Gold backed virtual-currencies in a post de-monetization ...

Home / Columns / Gold backed virtual-currencies in a post de-monetization�India

Gold backed virtual-currencies in a post de-monetization�India

By Express Computer on November 28, 2016 @@srikrp

By Rohas Nagpal, Primechain Technologies

Our ancestors started off with the barter system - something like "I will give you 2 buffaloes in return for 5 shiny new super-sharp axes". Soon they...

Read more


Website: http://computer.expressbpd.com

You can now buy bitcoins on eBay | The Daily Dot

These days, there are plenty of ways to acquire virtual currency. You can buy it on an exchange . You can withdraw it from a Bitcoin ATM . You can mine it yourself. You can steal it in a massive, complex, multimillion-dollar heist.

Now there's a new addition to that list: You can buy it on eBay .

Without going out of its way to court much publicity, the online auction Goliath has quietly added a...

Read more


Website: https://www.dailydot.com

New FinCEN Guidance Changes Regulatory Landscape for ...

New FinCEN Guidance Changes Regulatory Landscape for Virtual Currencies and Some Prepaid Programs

03.22.2013

Updates

Overview

To address a perceived gap in regulatory treatment of increasingly popular virtual currencies, including Bitcoin, the U.S. Department of the Treasury Financial Crimes Enforcement Network (FinCEN) released new guidance on March 18, 2013.  The guidance represents the first...

Read more


Website: https://www.perkinscoie.com

Related topics : virtual currency like bitcoin / bitcoin virtual currency mining / bitcoin virtual currency unique features present distinct challenges for deterring illicit activity / virtual currency exchange business / virtual currency exchange game

IRS: Bitcoin Is Property [FULL RELEASE] - Business Insider

The IRS has ruled Bitcoin should be treated as property, not as currency, for tax purposes.

According to Bitcoin tax expert Tyson Cross, this will create a significant burden on Bitcoin users, as every transaction they ever make using the digital currency will have to be reported in some way.

That would not be the case if it had been ruled a digital currency.

"Users will have to track...

Read more


Website: http://www.businessinsider.com

Related topics : virtual currency price list / digital virtual currency and bitcoins / bitcoin virtual currency mining / virtual currency exchange business / virtual currency exchange bitcoin

Gold backed virtual-currencies in a post de-monetization India

Gold backed virtual-currencies in a post de-monetization India

06 December 2016��|��6311 views��|��1

Our ancestors started off with the barter system - something like "I will give you 2 buffaloes in return for 5 shiny new super-sharp axes". Soon they realized that the barter system had too many limitations - everyone didn't want buffaloes, buffaloes were neither divisible (not...

Read more


Website: https://www.finextra.com

bitcoin information page - CFTC

Today, FinTech is driving innovation in financial markets across the globe. New technologies are wide-ranging in scope, from cloud computing and algorithmic trading to distributed ledgers to artificial intelligence and machine learning to network cartography, and many others. These technologies have the potential for significant or even transformational impact on CFTC regulated markets and the...

Read more


Website: http://www.cftc.gov

Related topics : virtual currency exchange bitcoin / digital virtual currency and bitcoins / virtual currency bitcoin / virtual world currency exchange / virtual currency market

BSP approves registration of 2 bitcoin exchange operators ...

The Bangko Sentral ng Pilipinas has approved the registration of two companies to engage in the operation of bitcoin exchanges as part of efforts to regulate the fast growing but potentially risky virtual currency industry.

BSP Governor Nestor Espenilla Jr. said during the FinTech Thought Leadership Roundtable Series presented by FINTQ, the central bank has given the two companies the green light...

Read more

Date: 2017-12-30 08:41:55
Website: http://www.philstar.com

Related topics : virtual currency exchange bitcoin / virtual currency exchange business / virtual currency exchange / virtual currency and the financial system the case of bitcoin / bitcoin digital currency exchange

Made a Bitcoin fortune? Pay the tax now! - Rediff.com Business

Based on the holding period, the profit you make are liable to short-term or long-term capital gains tax, experts tell Tinesh Bhasin.

While virtual currencies like Bitcoin are gaining popularity, there is still lack of clarity on how they should be taxed.

Many buyers of cryptocurrencies, therefore, don't pay tax on the gains they make on selling them.

Software developer Pawan Bharti recently sold...

Read more


Website: http://www.rediff.com

Related topics : virtual currency exchange bitcoin / virtual currency like bitcoin / virtual currency exchange definition / virtual currency exchange business / virtual currency exchange software

Virtual currency ATMs and trading platforms must be ...

12 February 2015

Money-Services Businesses

Montréal - In Québec, businesses operating a virtual currency automated teller machine or a platform for trading virtual currency must obtain a licence issued by the Autorité des marchés financiers (the "AMF") pursuant to the Money-Services Businesses Act (the "Act").

The AMF today published amendments to the Policy Statement to the Money-Services...

Read more


Website: https://lautorite.qc.ca

Related topics : virtual currency exchange business / virtual currency exchange platforms / virtual currency meaning / virtual currency exchange / virtual currency

Essay on Ecb-Virtual Currency Schemes EssayDepot.com

v i r t ua l c u r r e n c y s c h e m e s

O c t O B e r 2012

VIRTUAL CURRENCY SCHEMES

O C T O b E R 2012

In 2012 all ECB publications feature a motif taken from the EUR50 banknote.

© European Central Bank, 2012 Address Kaiserstrasse 29 60311 Frankfurt am Main Germany Postal address Postfach 16 03 19 60066 Frankfurt am Main Germany Telephone +49 69 1344 0 Website http://www.ecb.europa.eu Fax +49 69 1344 6000 All rights reserved. Reproduction for educational and non-commercial purposes is permitted provided that the source is acknowledged. ISBN: 978-92-899-0862-7 (online)

CONTENTS

ExECUTIVE SUMMARY 1 INTROdUCTION 1.1 Preliminary remarks and...

Read more


Website: http://www.essaydepot.com

Related topics : virtual currency and the financial system the case of bitcoin / virtual currency exchange definition / virtual currency payment system / virtual world currency exchange / virtual world currency

"FINTRAC Advisory regarding Money Services Businesses ...

FINTRAC Advisory regarding Money Services Businesses dealing in virtual currency

FINTRAC Advisory regarding Money Services Businesses dealing in virtual currency

OTTAWA, July 30, 2014 - On February 11, 2014, Economic Action Plan 2014 announced the Government's intention to introduce legislative changes and new regulations to strengthen Canada's Anti-Money Laundering and Anti-Terrorist Financing Regime. Among other things, these changes will address virtual currencies.

On June 19, 2014, the Economic Action Plan 2014 Act, No. 1, received Royal Assent. The Act contained changes to the Proceeds of Crime (Money...

Read more


Website: http://www.fintrac-canafe.gc.ca

Related topics : virtual currency exchange business / virtual currency exchange / buy virtual currency / sell virtual currency / virtual currency meaning

Bitcoin and other virtual currencies: What you need to ...

Legal risk

Risk of participating in criminal, terrorist or fraudulent activities or money laundering

If you want to speculate on the price of a cryptocurrency or transact business using a cryptocurrency

What are cryptocurrencies?

Cryptocurrency or virtual currency,�is similar to money but is not legal tender. In Canada, the only currency that is legal tender is the Canadian dollar, although...

Read more


Website: https://lautorite.qc.ca

Related topics : virtual currency exchange bitcoin / virtual currency exchange business / virtual currency exchange platforms / virtual currency exchange software / virtual currency exchange

Bitcoin, Tax and South African Exchange Control ...

Written by Leo-Wednesday 18 June 2014- fintax

Bitcoin is currently the most widely used virtual currency.

Update (18 September 2014): The South African Government's View On Virtual Currencies

The chart below reflects the one year history (July 2013 to mid June 2014) of the price of one Bitcoin on the Bitstamp.net platform. In July 2013 the price of one Bitcoin in terms of US Dollars was just...

Read more


Website: https://notesbyleo.com