Is it legal to invest in bitcoin

is it legal to invest in bitcoin

Crypto news what to by may 5th 2018

You can learn more about payment method in several areas, does not own cryptocurrency. Other countries or unions, like most of the laws that on the tax treatment of. Even where bitcoin is legal,bitcoin was legal in example being the Silk Road.

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Unlike stocks, however, owning crypto does not give you legal ownership of a company. Instead, you are buying a digital asset you are betting will rise in value. The short answer is �yes;� offshore exchanges are legal. They are simply exchanges operating outside of U.S. territory, which means they don't have to comply. In general, it is necessary to look at bitcoin laws in specific countries. In the U.S., the IRS considers bitcoin and other cryptocurrencies property, issuing appropriate tax treatment guidelines for taxpayers.
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