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KateCrypto
@katecrypto
The US Treasury has adopted tax rules for cryptocurrencies 😡 From January 1, 2025, all custodial platforms collect and submit to tax reporting the movement of clients’ funds, similar to how brokerage companies do it now. Similar rules are planned for DEX and DeFi, but it is not yet clear how to do this, so they postponed it for later 😄 In 2025, declaring and paying taxes on cryptocurrencies remains on the conscience of exchange clients, but from 2026 the tax office itself will begin to issue an invoice based on the data received. Anyone who cashed out $10k or more in stablecoins or sold NFTs for at least $600 is subject to the tax. American cryptans now have another reason to vote for Trump 😇
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