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Bitcoin: Taxed as property, regulated as currency?

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Bitcoin and other cryptocurrencies (yes, even Dogecoin) will now be taxed the same as any other property, according to new IRS guidance. The IRS guidance begins by seemingly accepting that cryptocurrencies are a form of currency, but notes that they are not officially recognized. “[V]irtual currency operates like ‘real' currency -- i.e., the coin and paper money of the United States or of any...

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