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Crypto Tax Season: What you need to know
With all the excitement and opportunities around cryptocurrencies, it might be easy to forget about crypto taxation. According to Uncle Sam, cryptocurrencies are classified as property. This means just about every virtual currency transaction from mining, spending to trading and exchanging cryptocurrencies, are taxable events for U.S. tax purposes.
With cryptocurrencies’ value constantly changing, keeping track of all that data could be a nightmare come tax time.
From 2013 to 2015, less than 900 people each year reported Bitcoin transactions to the IRS. That’s out of millions just counting the number of users on Coinbase alone >> more detail
Llyr joined the company in 2016 as its top legal officer, remaining a part of the team for two and half years. While no reason was provided for her departure, a Ripple spokesperson told CoinDesk that her leaving was a “mutual decision” between her and the firm. Quartz first reported the news >> more detail
At approximately 10:00 UTC Friday, the number of shorts placed on ETH/USD, the world’s second largest cryptocurrency by market capitalization, surpassed the prior mark of 202,854 to ultimately reach a new high of 208,689. >> more detail
Sep-9-2018 01:54:25 PM
The project called "Apex Traders", according to its creators, is a legally operating company that is engaged in investing in the mining and trading of crypto-currencies. Having a large wholesale in this area, the management of the fund has achieved good financial indicators and now offers everyone to participate in their business >> more detail
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