Crypto Currencies – Can They Be Real Money? With cryptocurrencies becoming so popular, one question seems to be on people’s minds – can cryptocurrencies by real money? Well, there are many answers to this question. If you ask crypto skeptics, there is no way that cryptocurrencies can be actual money. If you ask El Salvador,...
Category: Crypto
How are taxes handled with crypto?
When to Report Cryptocurrency Trades on Your Tax Return Buying Crypto With Dollars Purchasing virtual cash with U.S. dollars and keeping it inside the trade where you made the buy or moving it to your wallet doesn’t mean you’ll owe charges on it toward the year’s end. If your just crypto-related movement this year was...