As tax season is now upon us, the number one question is raised: how is cryptocurrency taxed?, it is worth reviewing some common tips and tricks concerning your cryptocurrency holdings and reporting obligations. (1) How is cryptocurrency taxed? Since the IRS sounded...
Cryptocurrency Banking – A Complex Challenge “I’m sorry, but your account has been closed”. These are words that no one wants to hear. Individuals and businesses require the services of banks and other financial institutions to function on a day-to-day basis. More and...
Evaluating the rules behind whether you, as a Bitcoin buyer or seller, are functioning as a money transmitter under state law can be baffling. Cryptocurrencies and money transmitter laws coexist in mostly uncharted waters here at the dawn of 2020. The following is a...
The world is your oyster, as they say, when it comes to choosing where to incorporate your business(es) for an ICO. That said, cryptocurrency regulation is new to many jurisdictions, who are looking for ways to define and manage what cryptocurrencies are. What makes...
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