It’s important to understand the tax consequences of cryptocurrency and blockchain. From cryptocurrency compliance to NFT, we explain what you need to know in this week’s Insights Roundup.
But first, some background. In 2014, I was following a story about an alleged online black market known as Silk Road, where buyers and sellers conducted all transactions with bitcoin. It was the first time that I had heard about cryptocurrency, and I was fascinated as agents from IRS Criminal Investigation explained it to me.
Today, you can’t pick up a newspaper or click on a website without hearing a reference to ...
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