Happy Earth Day to all the beautiful Children of Earth! Sometimes we fuss and worry about the little things – and forget about how privileged we are to live on such a magnificent planet and be able to call it home. Remember it, be happy, and always love and protect your Mother Earth!
♥ Happy 2019 International Women’s Day! ♥ With best wishes, The ALFI Team
The Commodity Futures Trading Commission (CFTC) has determined that virtual currency futures and options meet the definition of a “commodity” within the agency’s regulatory purview. Although transactions in virtual currency commodities must be conducted in compliance with provisions of the Commodity Exchange Act (CEA) and CFTC Regulations, it may be possible to conduct these transactions ... [Read more]
A wash trade is an illegal, fake transaction on a swap execution facility (SEF). These trades are prohibited because they can be used to distort the economics of a legitimate SEF. Yet very similar, legal activity can be helpful for testing a newly-created software for virtual currency trading platform. TeraExchange, LLC was prosecuted by the ... [Read more]
April 17, 2018 was #taxday all across the U.S. Now, that day is one day later due to IRS computer systems crashing. Federal taxes, paid through the Internal Revenue Service (IRS) and many state and local taxes were due by the end of the day on the 17th. The IRS, by far the biggest tax ... [Read more]