IRS Releases Tax Guidance on Cryptocurrency Forks and Airdrops
The IRS has released new tax guidance on cryptocurrency. Rev. Rul. 2019-24 covers forks and airdrops. The gist is both count as gross income when you claim or receive them.
The IRS has released new tax guidance on cryptocurrency. Rev. Rul. 2019-24 covers forks and airdrops. The gist is both count as gross income when you claim or receive them.
Kraken will list Siacoin (SC). This news follows an SC lawsuit which Siacoin settled and which implied SC was not a security.
Siacoin has settled with the SEC over their 2014 ICO. Like with Block.One and EOS, the fine paid seems to be a comment on fundraising practices, and not on the current SC token or cryptocurrencies as securities.
Block.one has agreed to pay a $24 million dollar fine to the SEC for its EOS ICO.
A “gas guzzling” Ethereum-based gambling platform was accused of being a ponzi. Now its wallet is empty.
Binance has removed a number of BTC pairs that had been trading at very low satoshi values, and also generally removed some low volume pairs.
Binance.US is quickly adding coins. The latest round includes ADA, BAT, ETC, XLM and ZRX.
According to Binance US, registration for Binance US begins tomorrow on Sept 18, 2019. It will launch with zero trading fees.
Sept 12 is the last day for US citizens to trade on Binance. Moving forward Binance.us should take its place.
We have compared the top 10 cryptos of Jan 2016 with the top 10 of Sept 2019.
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