Articles » cryptocurrencies


What if SEC declares that cryptocurrencies are securities?

If the US Securities and Exchange Commission (SEC) declares that cryptocurrencies are securities, it would have significant implications for the cryptocurrency market and the regulatory landscape surrounding it. Here are some possible consequences: Increased regulatory oversight: If cryptocurrencies are deemed securities, they would be subject to regulation under existing securities laws. This could mean more stringent requirements for issuers, exchanges, and other market participants. Compliance costs: Issuers and exchanges of… Read More »What if SEC declares that cryptocurrencies are securities?

Are crypto donations tax deductible?

The tax deductibility of cryptocurrency donations can depend on several factors, including the tax laws of the country in which the donation is made, the organization or charity that is receiving the donation, and the specific rules and regulations surrounding cryptocurrency donations. In the United States, for example, the Internal Revenue Service (IRS) treats cryptocurrency as property rather than currency for tax purposes. Therefore, donations of cryptocurrency to qualified charitable… Read More »Are crypto donations tax deductible?

Inflation vs Cryptocurrencies

Investing in cryptocurrencies has a number of advantages. Let’s talk about inflation vs cryptocurrencies. Some people see cryptocurrency as a fast means to cash in, while others see it as a chance to put their faith in blockchain technology or a certain project. Getting into cryptos might be as simple as hopping on the hype train for some, mostly because of FOMO. Aside from that, cryptocurrencies such as Bitcoin have… Read More »Inflation vs Cryptocurrencies