Extensive Crypto tax reporting
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?
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