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JPMorgan Misses the Point, Says Crypto Isn't Currency The huge volatility of the price of cryptocurrencies — with respect to either traditional currencies or to a basket of goods and services — has made use of cryptocurrencies as a unit of account impractical. Only hobbyists are using cryptocurrencies as a medium of exchange, at least for conventional ...
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Cryptoprofits are taxable — have you filed? Here are some questions and answers about how virtual currency is being taxed in Japan. Who is obligated to pay tax on virtual-currency investments? Basically, if you earn ¥200,000 or more from cryptocurrency trading, you must pay tax. Such profits are considered miscellaneous income. One's total ...
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A guide to common cryptocurrency terms The world's first so-called digital currency. The concept for bitcoin was published online in 2009, written under the still-unidentified pseudonym Satoshi Nakamoto. Bitcoin was groundbreaking because it can be sent or received without the need for a central administrator, such as a bank. The underlying ...
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