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US-based crypto users likely still have to pay taxes on NFTs, says CNBC

March 17, 2021 by DIGIT
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“If you exchange crypto for any other asset, you immediately recognize a capital gain or loss,” said Robert Frank.

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Categories Ethereum, Law, nft, Regulation, Taxes, United States
Strong fundamentals push Dego Finance, Orbs and Harmony (ONE) price higher
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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • bitcoinBitcoin(BTC)$98,616.004.73%
  • ethereumEthereum(ETH)$3,338.999.86%
  • tetherTether(USDT)$1.000.16%
  • solanaSolana(SOL)$258.4311.58%
  • binancecoinBNB(BNB)$636.776.88%
  • rippleXRP(XRP)$1.3826.38%
  • dogecoinDogecoin(DOGE)$0.3954985.95%
  • usd-coinUSDC(USDC)$1.000.09%
  • staked-etherLido Staked Ether(STETH)$3,338.659.79%
  • cardanoCardano(ADA)$0.8813.68%
© 2024 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$98,616.004.73%
  • ethereumEthereum(ETH)$3,338.999.86%
  • tetherTether(USDT)$1.000.16%
  • solanaSolana(SOL)$258.4311.58%
  • binancecoinBNB(BNB)$636.776.88%
  • rippleXRP(XRP)$1.3826.38%
  • dogecoinDogecoin(DOGE)$0.3954985.95%
  • usd-coinUSDC(USDC)$1.000.09%
  • staked-etherLido Staked Ether(STETH)$3,338.659.79%
  • cardanoCardano(ADA)$0.8813.68%