Foreign Asset Reporting for Virtual Currency - To File or Not to File?

Virtual currency taxation guru Amy Wall talks about filing FBARs for virtual currency held in foreign exchanges. To file or not to file, that is the question!

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From: Amy's Tax Talks

Related topics : virtual currency exchange / virtual foreign exchange

Virtual currency

A virtual currency or virtual money has been defined in 2012 by the European Central Bank 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". The US Department of Treasury in 2013 defined it more tersely as "a medium of exchange that operates like a currency in some environments, but does not have all the attributes of real currency". The key attribute a virtual currency...

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From: Audiopedia

Related topics : virtual currency exchange definition

改用虛擬貨幣 Switch to virtual currency

Not to remit money back to exchange the virtual currency are the source of property is unknown.

According to law.

Combined with identity cards and other documents can also credit card,become a multi-card.

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From: 柯秋旭

Related topics : virtual currency exchange

KCN Japanese Internet conglomerate launches bitcoin exchange

Partner: Emercoin - https://emercoin.com/

Japanese Internet giant announced the launch of its bitcoin exchange platform. Japanese Internet conglomerate GMO Internet Co., Ltd is set to launch a bitcoin trading platform called “Z.com Coin” on the 24th of May. According to the official statement of the company, development will provide users with ‘virtual currency foreign exchange’ and ‘virtual currency trading’.

Info:

Bitcoingarden - https://bitcoingarden.org

Coinidol -...

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From: KCN News

Related topics : virtual currency exchange bitcoin / virtual foreign exchange trading

Russian Suspect Arrested of Running $4 Billion Bitcoin Laundering Scheme

On Wednesday, police have said that a Russian man suspected of being behind one of the world's oldest crypto-currency exchanges and of laundering at least $4 billion has been arrested in Greece. Two sources close to the BTC-e virtual currency exchange, said that Alexander Vinnik was a key person behind the platform. Police said "at least" $4 billion in cash had been laundered through a bitcoin platform since 2011, the year BTC-e was founded. BTC-e is one of the oldest virtual currency...

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From: Wochit News

Related topics : virtual currency exchange bitcoin / bitcoin one world currency / bitcoin currency trading

TAOCOIN is virtual currency made in japan .

TAOCOIN is virtual currency made in japan . We will establish a comprehensive exchange Fin Tech College that have auto arbitrage system.

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From: Ha Phan

Related topics : virtual currency exchange

China bitcoin exchange to stop trading virtual currencies amid crackdown

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From: THC News

Related topics : virtual currency exchange bitcoin / bitcoin currency trading

KCN News: SBI Group creates new exchange company

General partner - E-DINAR COIN https://wallet.edinarcoin.com/?r=anna-profit Information partner - Bitcoin Garden http://bitcoingarden.tk/

Strategic Business Innovator Group, based in Japan, has announced its entering to the digital currency business. According to the Coindesk.com, SBI Group creates new exchange services company called SBI Virtual Currencies Co. Ltd. to provide exchange services for digital currencies.

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EDR: anna-profit

BTC:...

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From: KCN News

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

South Korean virtual currency market unfazed by ban threats

South Korean policymakers join the global chorus of virtual-coin critics, saying Seoul is considering shutting domestic virtual currency exchanges as the new breed of market exposes users to speculative frenzy and crime.

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From: The Star Online

Related topics : virtual currency market

South Korea considering shutting down all virtual currency exchanges

South Korea considering shutting down all virtual currency exchanges.

SEOUL (Reuters) - South Korea’s financial regulator chief said the government is considering shutting down all local virtual currency exchanges in a national policy committee meeting on Thursday.

“(The government) is considering both shutting down all local virtual currency exchanges or just the ones who have been violating the law,” said Choi Jong-ku, chief of Financial Services Commission, to a question from a...

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From: Tech Channel

Related topics : virtual currency exchange bitcoin