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Crypto Monitor

Crypto Monitor: IRS Reminds Us Of Broken Crypto Tax Policy

Crypto Monitor: IRS Reminds Us Of Broken Crypto Tax Policy

Summary

The markets have experienced a slight pullback this week. But Adam Sharp isn’t worried about it. He explains why the Crypto Assets Strategies buy and hold strategy hasn’t changed. And he shares what he looks for in alt-coins as bitcoin continues to dominate the market. 

The IRS has sent out letters to at least 10,000 Americans with crypto accounts to remind them to pay taxes on their crypto holdings and transactions. But the current crypto tax policy is a hot mess. And the government needs to fix it. Adam explains how it should be done.

And finally, Blockstack has launched the first Regulation A+ ICO. This is a big deal for American crypto investors, who have been starved for ICOs since 2017. Adam and Vin Narayanan discuss how this will impact the crypto market moving forward… and the change that may come as a result.

If you’re interested in a particular topic, we’ve listed the time code on the right so you can skip directly to it in the video.

  • Blockstack launches the first Regulation A+ ICO (0:29)
  • IRS sends reminder about crypto taxes (7:35)
  • How crypto should be taxed (10:16)
  • The state of the crypto market (12:46)
  • What Adam looks for in a good hedge (14:12)

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And, as always, thanks for watching.

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