Monday, October 2, 2023

Extensive Crypto tax reporting

By DAC000 , in Regulation taxes , at August 26, 2023 Tags: ,

requirements unveiled for The US. About a two minute read.

Comment: ok, I know this opinion is unpopular in some circles, but these regulations are actually a good thing. We need institutional adoption to continue Crypto’s growth and integration into The Financial System. These regs provide needed clarity. Sure, nobody likes to pay taxes but there is a solution for that — do as I do, buy Bitcoin, don’t ever sell Bitcoin. What’s the problem?