Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and to control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009. Cryptocurrencies are often traded on decentralized exchanges and can […]
How Much Crypto Tax
Cryptocurrencies are becoming increasingly popular as a means of investment and transaction. As their popularity grows, so does the need for clarification on how they are taxed. The United States Internal Revenue Service (IRS) has not released a specific ruling on the taxation of cryptocurrencies, but has provided some guidance on how to treat them […]
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