Cryptocurrency was trading lower across the board early Monday morning.
of last year’s boom in cryptocurrency and other digital assets like non-fungible tokens are figuring out what it all means for their taxes.
For investors unfamiliar with tax codes, navigating surprise tax bills or complex crypto tax situations could be a challenge during the filing season, so it is important to be well-prepared. Even if cryptocurrency aims to be an alternative to the U.S. dollar, it does not change Americans' tax obligations.The IRS treats cryptocurrency and other digital assets like property, meaning a taxpayer may owe tax when they exchange or sell assets for a profit.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Canada Set To Become Crypto Power House With The Introduction Of A New Cryptocurrency BillBill C-249 has passed its first reading and hopes to encourage crypto growth in Canada. Several market participants have received the bill positively and recognize its potential to make Canada an industry leader. Globally, regulations are on the rise in the crypto space. A Canadian MP has...
Lire la suite »
Love in the time of crypto: Does owning cryptocurrency make daters more desirable?A new report from eToro suggests that adding “crypto” to a dating profile makes one appear more desirable, while also noting that NFTs make the perfect Valentine’s Day gifts this year.
Lire la suite »
Russia Takes Down 4 Carding Sites With Over $260 Million in Crypto Turnover – Bitcoin NewsLaw enforcement in Russia has blocked four major sites on the dark web, including a carding market leader.
Lire la suite »
Switzerland's Largest Bank UBS Expects US Crypto Legislation to Take Time – Bitcoin NewsSwitzerland's largest bank, UBS, expects the United States Congress to take a long time to pass cryptocurrency legislation despite mounting interest in crypto investments and regulators calling for Congress to weigh in on crypto legislation.
Lire la suite »
Popular Trading App Robinhood's Global Expansion Will Be 'Crypto First' – Exchanges Bitcoin NewsPopular trading app Robinhood has revealed that its international expansion will be “crypto first.” The company said from the regulatory standpoint, crypto is “probably the easiest way to go global.” The trading platform is also looking for compliant ways to list more cryptocurrencies.
Lire la suite »
IMF: Crypto Is No Match for Well-Designed Central Bank Digital Currencies – Regulation Bitcoin News“If CBDCs are designed prudently, they can potentially offer more resilience, more safety, greater availability, and lower costs than private forms of digital money.” crypto cryptocurrency bitcoin
Lire la suite »