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Until an investor starts consuming her profits – e.g., cashing out to buy yachts, caviar, champagne, Chippendale furniture (or dancers – it really is better for the American economy to allow her to temporarily roll over her profits, tax deferred, into a “like-kind” asset. Original Source
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Online payment services firm Skrill has announced the expansion of its cryptocurrency offering. With its crypto-to-crypto buy and sell service, Skrill users will now be able to use Bitcoin to buy other cryptocurrencies, making transactions on the platform faster and lower-cost. It comes after the UK-based firm first introduced its
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France’s economy minister Bruno Le Maire declared that France will exempt tax on crypto-to-crypto trade but will impose tax when cryptocurrency is converted to traditional money. Le Maire stated that when the capital gain of cryptocurrency is converted into traditional fiat currency, it is the ideal time to implement taxation.The
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