- Taxation is different for cryptocurrency assets than it is for dollar-based investments.
- Investors should deal with all of these unknowns around cryptocurrency taxation.
- Atani is one of these vanguard companies that is innovating crypto taxation.
It’s a big issue in the cryptocurrency world – taxation is different for cryptocurrency assets than it is for dollar-based investments. It’s often more confusing – and that’s partly because of the gaps that exist in regulatory knowledge and in established processes.
To put it another way, investors in the financial world have spent decades and centuries understanding how to tax assets based on national fiat currencies. But they haven’t spent more than 10 or so years figuring out how to tax cryptocurrencies, because prior to that time frame, Bitcoin and all of those other types of digital currency didn’t exist. It was actually after the collapse of the traditional global economy (in 2009) that Satoshi first mined the Gene...