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US-based crypto users likely still have to pay taxes on NFTs, says CNBC

March 17, 2021 by DIGIT
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“If you exchange crypto for any other asset, you immediately recognize a capital gain or loss,” said Robert Frank.

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Categories Ethereum, Law, nft, Regulation, Taxes, United States
Strong fundamentals push Dego Finance, Orbs and Harmony (ONE) price higher
Bitmex Cofounder Ben Delo Surrenders to US Authorities— Arthur Hayes to Follow in April


Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$67,548.00-2.19%
  • ethereumEthereum(ETH)$1,958.54-2.43%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.47-3.21%
  • binancecoinBNB(BNB)$607.78-2.14%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$83.20-4.67%
  • tronTRON(TRX)$0.2819360.50%
  • dogecoinDogecoin(DOGE)$0.099599-7.65%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%
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  • bitcoinBitcoin(BTC)$67,548.00-2.19%
  • ethereumEthereum(ETH)$1,958.54-2.43%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.47-3.21%
  • binancecoinBNB(BNB)$607.78-2.14%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$83.20-4.67%
  • tronTRON(TRX)$0.2819360.50%
  • dogecoinDogecoin(DOGE)$0.099599-7.65%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.020.00%