š New Crypto Tax Guidance ā What You Need to Know
Regulators just issued updated rules on how crypto is taxed.
š Key points:
šŖ Crypto-to-crypto trades are taxable events
š° Staking & yield rewards count as income
š Airdrops & forks are reportable
š Record-keeping is more important than ever
ā ļø Why it matters:
š Expect tighter reporting, higher audit chances, and new compliance costs.
š Traders & investors need to track every transaction carefully.
š” Pro tip: Stay updated, or you could face surprise tax bills.