PYMNTS

JULY 1, 2019

With the idea of pegging Libra’s value to a basket of international currencies, Facebook ’s proposed cryptocurrency would bring tax challenges to European users, per tax lawyers. However, the tax would only be payable in the event that total capital gains are more than the annual capital gains tax exemption of £12,000.

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Taxes social media cryptocurrency Capital 115

PYMNTS

SEPTEMBER 24, 2019

Bank of Japan Head Haruhiko Kuroda spoke to business leaders in Osaka about the importance of having a coordinated global plan to regulate Libra and other cryptocurrencies, Reuters reported on Tuesday (Sept. Japanese authorities formed a task force in July to study the impact of Facebook’s proposed cryptocurrency.

Regulation 108

Regulation social media cryptocurrency Policies 108

PYMNTS

JULY 14, 2019

Japanese authorities have formed a task force to study the impact of Facebook’s proposed cryptocurrency , Libra, according to reports. The group’s goal is to work on policies that will deal with how Libra is going to affect payments, monetary policy, regulation and taxes.

social media 117

social media cryptocurrency Dallas Policies 117

PYMNTS

APRIL 2, 2018

Cryptocurrencies continued to dip on the heels of various regulatory actions focused on trading activities and exchanges. Here in the United States, tax season looms, of course, which may put additional pressure on cryptos. Although the firms had advertised across social media, none of them had registered to offer or sell securities.

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United States social media Arizona cryptocurrency 110

PYMNTS

JULY 15, 2019

It has been about a month since Facebook pulled back the curtain on its vision for Libra – a blockchain-backed cryptocurrency with the lofty aim of connecting the 1.7 The concept behind the project is to draw a hard and fast line between the Libra rails and the currency they support – and the social media network that is Facebook.

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Regulation cryptocurrency Policies blockchain 100