By Peter Wind Cryptocurrency is now a mainstream form of investment, and most governments around the globe have woken up to the fact that many people are making substantial profits trading and investing in crypto. Therefore, gains from cryptocurrency investing are typically taxed, although the details, of course, vary from country to country. Thankfully, reporting […]
Tag: IRS
By Vuk Martin You stop at Circle K for gas or a drink, and there it is near the front, a Bitcoin ATM that looks as normal as the soda cooler. Most people walk right past it. Scammers don’t. They see a fast cash-to-crypto machine in a busy store, open late, with customers coming and […]
By Emir Abyazov Key highlights: Senate to hold crucial hearings on cryptocurrency taxation October 1 Coinbase, policy, and tax experts will testify on digital asset tax rules Lawmakers consider how to address unfair taxation and regulatory clarity The U.S. Senate Finance Committee will discuss cryptocurrency taxation issues on October 1. The hearing will be chaired […]