On June 2017, Bits of Gold Ltd., which engages in cryptocurrency trading and manages its account at Bank Leumi, filed a motion with the District Court … On February 25, 2018, the Supreme Court ruled that the reasonability of the bank's decision to refuse to allow virtual currency trading is an issue that …
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All digital currency transactions are taxable events, according to the IRS. That includes if you sell it, trade it, “mine” it, use it to pay for something or were paid with it. Even if you sell cryptocurrency and keep the gains in your exchange account, instead of as real cash in checking account, it's still taxable.
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BEIJING (Reuters) – China's trade deficit in services widened to $21.8 billion in January from $20.6 billion in December, the foreign exchange regulator said on Wednesday. The deficit was largely due to a $18.9 billion gulf in tourist spending, data from the State Administration of Foreign Exchange …
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CFTC Chairman Giancarlo reiterated the CFTC determination that virtual currencies, such as Bitcoin, meet the definition of a commodity. As such, the CFTC has regulatory and enforcement jurisdiction over derivatives on virtual currencies traded in the United States and enforcement jurisdiction to …
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