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RE: Breaking News! SEC Declares digital assets can be 'securities' under U.S. law
Does that mean that individuals who own cryptos, will be taxed at 28% of profits (because they have been considered to be property), or at 20% of profits (because they are now considered to be capital gains)?
Very good question. I do not have a definitive answer to that. IMO though its definitly coming if not already here
Supposed to be capital gains but who knows