Cryptocurrency and taxes: what you need to know.
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Apr 25
Cryptocurrency is subject to taxes just like any other asset or income. Here are some key things to know about cryptocurrency and taxes:Cryptocurrency Transactions are Taxable: In most countries, cryptocurrency transactions are taxable events. This includes buying, selling, trading, and using cryptocurrency to purchase goods or services.Taxable Events Trigger Capital Gains: When you sell or trade cryptocurrency, you may realize a capital gain or loss. This gain or loss is calculated based on ...
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