Binance taxes cryptocurrency as property because that's how the U.S.A. and other countries collect it. Binance processes more than $1 billion-a-day and works hard to keep on the good side of the government and their tax agencies—especially since America's an extremely good client and failure to report your cryptocurrency taxes can result in IRS fines up to $250,000 (and … [Read more...] about Binance Taxes Can Be Extremely Easy or Very Very Hard
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Buzzle provides news, updates, education, and general information about blockchain technology and cryptocurrencies, with a focus on making this revolutionary social, financial, and technological phenomenon easy for everyone to learn about and understand.