IRS’s guidelines on Cryptocurrencies and taxation!!!!

[coinpediaJordan]

It has long been suspected that government around the world will be targeting cryptocurrencies for taxation — despite the challenges that move presents. For instance, the current nature of Bitcoin and cryptocurrency dealings doesn’t make it friendly for any government to tax. Reporting is difficult, and there are issues such as anonymous trading
Check Detail Info here: IRS’s guidelines on Cryptocurrencies

[pat4cryptoreal]

Taxation of cryptocurrency is very possible since for now we rarely use the cryptocurrency directly but still need to exchange it to fiat. The taxation will be done in the traditional bank.