Saturday, 23 February 2019

Faced with clients who have been buying and selling cryptoassets such as Bitcoin, how do you advise them on the real tax consequences of their virtual assets?

Amid vague details in the case, a state senator in Georgia was recently reported to have been imprisoned, over allegations of filing a false alarm, in which he said a cryptocurrency mining equipment worth $300,000 was stolen from his premises, as per the reports published the last week.

There are many different opinions on what was going on at period November 2017 — January 2018. Some call it an economic bubble or a mass hysteria, but the fact is, it was an investor’s oasis.

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