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Purchase Full Report of Cryptocurrency Market
Neither gifting cryptocurrency to a friend nor donating cryptocurrency to an eligible charity are taxable events, but donating the crypto may have an additional tax advantage - depending on your situation, you may be able to claim a charitable deduction on your tax return for donated crypto. Learn more about donating or gifting crypto and its potential tax implications here. Cryptocurrency values CryptoCompare needs javascript enabled in order to work.
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Binance pulls out of FTX merger, sending cryptocurrency prices plunging
As cryptocurrencies regain momentum and become more mainstream, their chances of attracting specific regulations by the government are tremendously high. Certain governments across the world do not appreciate the unregulated and decentralised nature of this currency. Resultantly, they take certain measures to control this market. First Mover This blog is an excerpt from our 2022 Geography of Cryptocurrency Report. Download your copy today!