Crypto can be lucrative, but make sure you’re ready for the taxman
Investing in digital assets can offer a plethora of opportunities, but when the taxman comes, investors best be prepared. Hindsight is 20/20, but when money is on the line, being prepared can give investors better foresight. Just over a year and a half ago, Investopedia reported on the panic among many crypto investors who’d found themselves on the wrong side of the taxman. The article read, “Online forums like Reddit are abuzz with posts citing possible scenarios by worried investors about pending tax liabilities for their past dealings in cryptocoins, which may now leave them poorer.”As....
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Welcome to the CoinDesk Weekly Review 21st March 2014 - a regular look at the hottest, most thought-provoking and most controversial events in the world of digital currency through the eyes of scepticism and wonder. Your host ... John Law. No accounting for the taxman. UK readers may have been too busy drinking beer and playing bingo with their pensions to notice, but this week's Budget statement had one little snippet tucked away that may do more to promote bitcoin than if Newsweek revealed Satoshi Nakamoto was really Stephen Fry in a kimono. In the future, muttered Chancellor George....
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Bumper Finance’s lucrative liquidity program has arrived! From the 14th July, investors wanting to put their stablecoin reserves to work during this time of unprecedented certainty now have a exciting option to support a protocol that promises to make the savage dips of recent crypto history a thing of the past – at least for […]
DAOs are either a revolutionary concept set to define the virtual, leaderless organizations of the future, or a dystopian construct fraught with existential and self-destructive challenges, depending on whom you’re talking to. Over recent months, DAOs have emerged from a niche corner of the cryptocurrency space to make mainstream headlines thanks to projects like ConstitutionDAO. […]