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But crypto _is_ regulated. The SEC has been clear about how to treat and tax crypto.
by Cardinal7167 3y ago
But crypto _is_ regulated. The SEC has been clear about how to treat and tax crypto.
- JumpCrisscross 3y ago> SEC has been clear about how to treat and tax crypto The SEC has no authority over how crypto is taxed.
- Cardinal7167 3y agoTheir guidance to treat it like a security has clear tax implications, im obviously not saying they control the tax legislation itself.
- JumpCrisscross 3y ago> guidance to treat it like a security has clear tax implications Not really. These are independent decisions. The IRS may incorporate the SEC's views into its guidance, but that's simply a courtesy.