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IRS Affirms Crypto is Property, Not Currency: How Does This Affect Users?
Cryptocurrency users face specific consequences following the IRS’ affirmation of its position on the crypto tax regime, as contained in the latest Congressional Research Service (CRS) report released on September 2. The agency’s position aligns with the June 2026 US Tax Court ruling in Paschall v. Commissioner, which classified crypto as property and not currency. […] Read The Full Article IRS Affirms Crypto is Property, Not Currency: How Does…
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