The report suggests giving preferential tax treatment to PoS over PoW-based crypto assets.
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The report suggests giving preferential tax treatment to PoS over PoW-based crypto assets.
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The majority of global jurisdictions have crypto asset taxation guidelines, yet additional frameworks are required to keep up.
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A bipartisan quartet of US congressmen wants the IRS taxation policy not to dissuade taxpayers from participating in blockchain token staking. These politicians believe America’s ingenuity can help drive this promising staking technology. The four congressmen are Bill Foster (D) of Illinois, Darren Soto (D) of Florida, Tom Emmer (R) of Minnesota, and David Schweikert […]
The post US Congressmen Want IRS to Balance Taxation and Innovation in the Cryptocurrency Space appeared first on Bitcoin News.
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Since the time Ethereum was born, the crypto-tax landscape has dramatically changed, and that is where we are now.
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In a global economy becoming more and more digitized, blockchain-based tokenization could become a powerful and even perfect tool.
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Here are some important things to know before giving donations in cryptocurrency for charitable purposes.
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Disclosure sounds like it exposes you to extra IRS audit risk, but if it’s done properly, disclosure can actually reduce your risk.
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