Why This New Act of Congress Could Drive Crypto Adoption

Date : 01/16/2020 @ 10:00PM
Source : NEWSBTC
Stock : Bitcoin (BTCUSD)
Quote : 8778.00000000  63.50000000 (0.73%) @ 5:13AM
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Why This New Act of Congress Could Drive Crypto Adoption

The taxation of crypto assets may well be hindering their adoption in the United States. Deemed a commodity by the CFTC and property by the IRS, each time an individual makes a purchase with a digital currency, they are almost certainly creating a taxable event. Striving for more practical taxation regulations for crypto assets is... The post appeared first on NewsBTC.

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