Altcoins Talks - Cryptocurrency Forum

Archive => Sorting Box => Topic started by: Nath on July 17, 2021, 06:05:40 PM

Title: virtual currency
Post by: Nath on July 17, 2021, 06:05:40 PM

Is cryptocurrency treated for federal income tax purpose?

Title: Re: virtual currency
Post by: msz900 on July 20, 2021, 04:00:30 PM

Quote from: Nath on July 17, 2021, 06:05:40 PM

Is cryptocurrency treated for federal income tax purpose?

Government has no control over Cryptocurrency and that's the reason it's ban in most of the world countries, although you have to pay fees on transactions to exchanges you are using.

Title: Re: virtual currency
Post by: sadia batool on November 08, 2021, 02:16:59 PM

This is the main problem that crypto currencies are still is not accepted by the government and in some countries it is also illegal and I think crypto currencies should be legal all around the world and everyone can easily use it.