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Virtual Currency|MTRA|FAQs


Virtual Currency-MTRA-FAQs - CT.gov

Connecticut General Statutes treats virtual currency similarly to fiat currency (aka cash) under Connecticut's money transmission scheme.

Frequently asked questions on virtual currency transactions - IRS

Virtual currency is treated as property and general tax principles applicable to property transactions apply to transactions using virtual currency.

Digital assets | Internal Revenue Service

For U.S. tax purposes, digital assets are considered property, not currency. A digital asset is stored electronically and can be bought, sold, ...

Questions on Virtual Currency - Office of Foreign Assets Control

OFAC will use sanctions in the fight against criminal and other malicious actors abusing digital currencies and emerging payment systems.

Virtual Currency: Definition, Types, Advantages & Disadvantages

Virtual currency is a digital representation of value in purely electronic form. It can be open or closed and centralized or decentralized.

Virtual Currency Businesses - Licensing and Resources

To conduct virtual currency business activity in New York State, entities can either apply for a BitLicense or for a charter under the New York Banking Law (for ...

Customer Advisory: Understand the Risks of Virtual Currency Trading

Beware of related fraud · If someone tries to sell you an investment in options or futures on virtual currencies, including Bitcoin, verify they are registered ...

Virtual Currency Guidance - Texas Department of Banking

Virtual Currency Guidance · June 10, 2021: Authority of Texas State-Chartered Banks to Provide Virtual Currency Custody Services to Customers · Supervisory ...

Guidance for a Risk-Based Approach to Virtual Currencies - FATF

Show how specific FATF Recommendations should apply to convertible virtual currency exchangers in the context of VCPPS, identify AML/CFT measures that could be ...

Virtual currency - Wikipedia

Virtual currency ... For fictional currencies used within games, such as Monopoly money, see Virtual economy. Not to be confused with Cryptocurrency or Digital ...

Taxation of Digital Assets - CCH AnswerConnect

Virtual currency is a digital representation of value that functions as a medium of exchange, a unit of account, and a store of value other than a ...

Virtual Currency - Overview, Types, Advantages and Disadvantages

Virtual currency is a type of unregulated digital currency. It is not issued or controlled by a central bank. Examples of virtual currencies include ...

Notice to Virginia Residents Regarding Virtual Currency

The Virginia Bureau of Financial Institutions (“Bureau”) does not currently regulate virtual currencies.

What is Cryptocurrency and How Does it Work? - Kaspersky

Cryptocurrency is a digital currency using cryptography to secure transactions. Learn about buying cryptocurrency and cryptocurrency scams to look out for.

Virtual Currency Regulation

There are many different digital currencies being used over the internet, the most commonly known being Bitcoin. In Washington, digital currency is included in ...

559 | Office of Foreign Assets Control - Treasury

Virtual currency is a digital representation of value that functions as (i) a medium of exchange; (ii) a unit of account; and/or (iii) a store of value; and is ...

Blockchain, Digital Assets & Custody - Perkins Coie

Providing experienced and innovative guidance in virtual currency. ... The remarkable growth of cryptocurrency continues to generate both opportunities and ...

Proposal of Special Measure Regarding Convertible Virtual ...

Proposal of Special Measure Regarding Convertible Virtual Currency Mixing, as a Class of Transactions of Primary Money Laundering Concern. A ...

Cryptocurrency, Digital or Virtual Currency and Digital Assets 2024 ...

At least 35 states, Puerto Rico and the District of Columbia have introduced or pending legislation regarding cryptocurrency, digital or ...

FinCEN Civil Enforcement and Virtual Currency - Bloomberg Law

This two-article series provides an overview of anti–money laundering enforcement in the US as it relates to virtual currency.