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RE: Crypto Now Accepted For Paying Taxes In Ohio, USA. Does This Mean Crypto Is Now Classed as Currency And Not an Asset?
The US regulation is a total mess. Every department defines crypto differently...I don't know if this law passes if the departments like SEC and CFTC really would re-consider their definition of crypto as a currency.
The only thing I know is that the space needs regulatory clearity and rules that are practical to handle for average joe.
When that happens than this could trugger the next bull run for cryptos.
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