5 leading crypto tax platforms

taxes on crypto

When it comes to taxes on crypto, the Internal Revenue Service (IRS) classifies Bitcoin and other cryptocurrencies as property. Therefore, the general tax principles that apply to property transactions such as stocks and shares, also apply to taxes on crypto. And as a result, the IRS holds all crypto investors and traders responsible for reporting … Read more

Billionaire expresses interest in Bitcoin

Cryptocurrency mining

      Just a few days after Wall Street legend and billionaire Hedge Fund Manager Paul Tudor Jones told CNBC viewers that he was going long on Bitcoin, another billionaire explained on the same channel why he is hedging with Bitcoin. Just days later, billionaire Venture Capitalist Chamath Palihapitiya was on the same show. … Read more