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Ornate red and ivory wall decoration, with plaque and symbols

New Report on Tax Treatment of Cryptocurrency Block Rewards Published

Posted by: Laney Zhang

The foreign law specialists of the Law Library of Congress recently completed a multinational report titled Taxation of Cryptocurrency Block Rewards. The report surveys the tax treatment of new tokens obtained by cryptocurrency mining or staking, often known as “block rewards,” in 31 countries around the globe. It also addresses the tax implications of cryptocurrency …