Any ransom payments made in cryptocurrency are taxed as property rather than currency, so be aware of the U.S. tax implications.
Are cryptocurrency ransom payments tax deductible?
- 2021-07-04
âMake or breakâ for Bitcoin, Binance under pressure, Strike attacks Coinbase: Hodlerâs Digest, June 27âJuly 3
- 2021-07-04
âMake or breakâ for Bitcoin, Binance under pressure, Strike attacks Coinbase: Hodlerâs Digest, June 27âJuly 3
- 2021-07-03
Fed chair met with Coinbase CEO Brian Armstrong and former House speaker in May
- 2021-07-03
Fed chair met with Coinbase CEO Brian Armstrong and former House speaker in May
- 2021-07-03
Stablecoins under scrutiny: USDT stands by âcommercial paperâ tether
- 2021-07-03
Stablecoins under scrutiny: USDT stands by âcommercial paperâ tether