Cryptocurrencies commodities
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bitstamp and ledger
\Depending on your specific circumstances, cryptocurrency can be taxed as long-term capital gains, short-term capital gains, or ordinary income. Ordinary income. If you're holding crypto, there's no immediate gain or loss, so the crypto is not taxed. Tax is only incurred when you sell the asset, and you subsequently. Yes, crypto is taxed. Profits from trading crypto are subject to capital gains tax rates, just like stocks.
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