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Cryptocurrency Trading

Cryptocurrency Taxation Legislation in the USA

Cryptocurrencies and other “convertible virtual currencies,” according to the IRS, must be regarded as property rather than currency. When cryptocurrencies are bought, sold, or traded, there are tax implications. This may sound like a small difference, but it is not. It specifies how cryptocurrencies are taxed, the details

  • Chinmayee
Chinmayee Apr 19, 2021 • 2 min read
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