Categories : Technology
Cryptocurrency in the Law & Tax Considerations
By Julie Houth
Cryptocurrency has recently caught the attention of the public and government regulators. Since then, most people have heard the term cryptocurrency and more specifically, Bitcoin. There are some people who believe it is a form of currency. Other people don’t know enough about it to have an opinion. Attorneys as legal advocates and advisers are confronted with the fact that some of their clients may own or would like to invest in cryptocurrency. This article is intended to provide a brief summary about cryptocurrency and the tax consequences that should be considered.