IRS Considers Taxing NFTs Like Physical Art, Collectibles
The guidance could classify NFTs as collectibles, similar to art and gems, and impact IRAs and capital gains taxes.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
The SEC’s Buyback Guidance Is Narrower Than It Looks. Does Yours Pass the Test?
Crypto projects that buy back their own tokens have operated under a dour legal cloud within the US for nearly a decade. A buyback...
Anthropic considers $2T IPO, Bitcoin may break 12-year pattern, Blockchain.com IPO
The tech and crypto markets face a dynamic shift, impacting investor sentiment and highlighting evolving valuation trends and mark...
SEC changes token buyback guidance as spending hits $638M
The US Securities and Exchange Commission tightened its guidance for crypto token buybacks just three days after publishing it. On...
HANetf Debuts Euro-Hedged Bitcoin Fund in World First
Bitcoin Magazine HANetf Debuts Euro-Hedged Bitcoin Fund in World First A new bitcoin exchange-traded fund has hit Europe — with a...
Senate tax bill frees stablecoin spending while Bitcoin stays on IRS forms
A coffee bought with a qualifying dollar stablecoin would avoid gain-or-loss recognition under the ADAPT Act that Sen. Steve Daine...
Chainlink Price Analysis: LINK Holds Bullish Structure as Buyers Target Higher Levels
Investors will be on the lookout for the coin to hold the $13-$14 region and resume the bullish move. Recent traders’ technical se...