Bitcoin rose +0.6% and is wavering around $9,400. Ethereum added +1.9%, Bitcoin Cash stepped up a bit +1.0% and Litecoin got an even promotion, +2.9%. Today’s losers are mainly in 3rh tiers: Decred -7.9% and Chiliz -10.5%.
The UK’s tax agency has issued cryptocurrency tax guidance for businesses: Her Majesty’s Revenue & Customs (HMRC) issued a guidance for businesses and enterprises for crypto asset exchange tokens which it taxonomically separates from utility tokens and security tokens. Corporations engaged in trading exchange tokens, including selling goods or services for crypto or mining, are liable for tax payments. Most mining activities constitute a taxable event as a form of trade. The HMRC says at-home mining is not a taxable event, however.
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