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Nalezeno "q3 earnings": 433

Crypto Earnings from Microtasks Still Taxable in the US - IRS


Cryptocurrency is “a substitute for real currency,” and any “convertible virtual currency received is taxable as ordinary income,” a recently published memo from the US Internal Revenue Service (IRS) has declared. The new clarification by the IRS was made in response to a request for clarification...

Ripple Says Over-The-Counter XRP Sales Soared 1,700% to $33 Million in Q2


Ripple has reported that over-the-counter sales of its XRP digital currency soared 1,760% to $32.55 million during the second quarter of this year. That figure compares with sales of $1.75 million posted the previous quarter, according to an earnings release published August 3. Ripple said...

Bitcoin Mining Chip Manufacturer Ebang to List on Nasdaq This Week


On Friday, June 26, the China-based Zhejiang Ebang Communication, often referred to as Ebang, will be listed on Nasdaq, according to various reports. Ebang’s initial public offering (IPO) will be the second U.S.-based IPO for an ASIC mining manufacturer joining the company Canaan. The Ebang...

South Korean Gov’t May Introduce Capital Gains Tax on Crypto Earnings


The South Korean government could introduce capital gains tax on crypto earnings – and may unveil its proposals as early as next month. Per a report from Digital Today, the South Korean Ministry of Economy and Finance is seriously considering imposing the same sort of tax rules on crypto earnings...

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