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Cryptocurrency: Will It Reduce or Increase Taxes?

by Iggy Jessi

The idea of cryptocurrency taxes might make you cringe, but it’s not as bad as you think. Unless you plan on hiding your cryptocurrency gains from the government and hoping they don’t find out, you will need to report them as additional income on your taxes. Moreover, because many crypto transactions take place in a sort of “gray area,” reporting them correctly is essential if you want to avoid an audit and possible fines. Deciding whether Taxes Are Due for Your Crypto Transactions The Internal Revenue Service (IRS) sees cryptocurrency as property, not currency. This means that if you receive …

How to Select the Right Candidate In Politics?

by Iggy Jessi

Politics is a game played by different rules and dynamics. It is not as simple as hiring someone and giving them a desk or cubicle to sit in, but there are many other things you need to keep in mind while hiring. Politics is all about bringing change, so you want people who can align with your vision. They should be willing to take up the role of an elected representative and campaign for their seat. Research and Assessment As the first step, you need to do some research on the candidate and their work in the past. You need …

Leading the Crypto Regulation is Switzerland

by Sissy Hall

  The entire cryptocurrency market has lost two-thirds of its value within a short time. In addition, there are various breakdowns at crypto service providers such as crypto wallets like metamask and coinbase (check out the metamask vs coinbase wallet for opensea comparison here). What does that mean? The current crisis in the crypto market even has something good, says Urban Angehrn, head of the Swiss financial market supervisory authority Finma. “This crisis, if it really is one, is a salutary moment for this industry to let go of the hot air.” In his opinion, however, this is by no …