Kraken, a large US-based cryptocurrency exchange, is shuttering its NFT marketplace after launching the service about two years ago. Kraken announced the closure in late November. Kraken users have ...
Digital assets transactions from Bitcoin, XRP, other cryptocurrencies and non-fungible tokens (NFTs) must be reported on taxpayer's tax returns. The Internal Revenue Service says that income from ...
NFTs have exploded in popularity, but with that growth comes new tax challenges. From IRS and CRA guidance to global compliance, this article explores how NFT transactions are taxed and what ...