American Bar Association

Markets

ABA to IRS: Create Safe Harbor for Forked Cryptos

The American Bar Association Section of Taxation issued some advice to the IRS regarding the taxation of cryptocurrency produced by hard forks.

By Annaliese MilanoMar 21, 2018

U.S. income tax form
of 1

Latest Crypto News

Today
6:57 AM
Negative
BTC0.00%
Bitcoin and ether ETFs see outflows ahead of Christmas, led by IBIT and ETHE
The biggest single-day exit came from BlackRock’s IBIT, which saw $91.37 million leave the fund. Grayscale’s GBTC followed with a $24.62 million outflow.
6:46 AM
Neutral
XRP ETF net assets cross $1.25 billion milestone, but price-action muted
XRP remains in a $1.85–$1.91 range, with strong selling near $1.90 and consistent bids near $1.86, suggesting a potential decisive break ahead.
4:48 AM
Neutral
Bitcoin briefly trades at $24,000 on Binance’s USD1 pair in flash move
Such sudden price changes are often due to thin liquidity and can be exacerbated by fewer active traders during quieter hours.
Yesterday

Newsletters

Newsletter thumbnail
CoinDesk Headlines
The biggest crypto news and ideas of the day.
Preview
By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy.