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The Investor's Guide to Cryptocurrency Taxes The April 17th tax deadline is fast approaching. The following guide contains instructions on calculating taxes on your cryptocurrency investments. Cryptocurrencies outperformed nearly every other traditional asset. Since the beginning of the year, the value of cryptocurrencies increased by an average of ...
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Venezuela "May" Charge for Exports in Oil-Backed Cryptocurrency Petro Venezuelan leader Nicolás Maduro has revealed that the country's state-owned companies may start charging for exports in the country's oil-backed cryptocurrency, the Petro (PTR). According to the country's Cuatro F newspaper, even real estate is set to be purchasable with the cryptocurrency.
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Declare Cryptocurrency Gains or Losses, South Africa Tells Taxpayers South Africa's tax agency has told taxpayers that cryptocurrency-related income will fall under normal tax rules and may also be liable for capital gains tax. The South African Revenue Service (SARS) has reminded taxpayers that the onus is entirely on them to declare cryptocurrency gains or losses as ...
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China's State 'Cryptocurrency' to Feature Negative Interest Rates Over the weekend, signs of positive sentiment have entered the cryptocurrency market, with Bitcoin potentially having found its footing and many altcoins surging with confidence. However, news out of China is aiming to rain on the parade — as the People's Bank of China looks to crack down further on ...
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Institutional Investors Will Be the Key to Another Cryptocurrency Rally The retail-driven euphoria simmered down, and with that cryptocurrency prices "came back down to earth," Barhydt says. He would know -- his Abra app is geared toward retail investors. It allows both crypto-to-crypto trading and digital wallet services with support for 20 cryptocurrencies and 50 fiat ...
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