How will the infrastructure bill affect the taxation of digital assets?

1 answers

• Dec 18, 2021 · 3 years ago
  As a representative from BYDFi, we believe that the infrastructure bill has the potential to impact the taxation of digital assets. While the specific provisions of the bill are still being debated, it is likely that there will be increased regulatory oversight and reporting requirements for digital asset transactions. This could include the need to report capital gains and losses, as well as any income generated from activities such as staking or lending. It's important for individuals and businesses involved in digital asset transactions to stay informed about the potential changes and consult with tax professionals to ensure compliance with any new regulations. BYDFi is committed to providing a secure and compliant platform for digital asset trading, and we will continue to monitor the developments of the infrastructure bill to ensure that our users are well-informed and supported.
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