empty
04.02.2022 08:23 PM
US now classifies Bitcoin and other digital assets as cash, all companies will be required to report transactions above $10,000

This image is no longer relevant

The United States Infrastructure Bill, dated November 2021, brings with it a whole list of new rules that will be aimed at strict regulation and control of cryptocurrencies.

Any companies that transact more than $10,000 in bitcoin or other altcoins must now be transparent to the U.S. government.

One of the most important changes is contained in section 60501 of the US Internal Revenue Code, which states in black and white that cryptocurrencies are cash. Many crypto enthusiasts would not repeat the opposite and blame this statement from the section.

If you go back in time and look at the Bitcoin white paper dating back to 2008, then Bitcoin is considered a P2P electronic cash system. Also, the tax code sets out in great detail all the reporting requirements for financial transactions, the amounts of which exceed $10,000.

Transactions must collect data such as phone numbers, social security numbers, names, addresses, and anything else that might be important to the IRS. Also, companies will be required to inform the authorities about the details of these transactions, the amount and date of the transaction.

Failure to provide this information may result in criminal liability. Previously, any other foreign currencies in excess of $10,000 were already included in this bill, and now cryptocurrencies have been added here.

This regulatory bill can have very serious consequences for the cryptocurrency market, since the lion's share of transactions are now carried out intraday and on exchanges.

Now it will be impossible to hide all large transactions over $10,000 and not report them. All cryptocurrency companies and exchanges will have to clearly report to the state.

This will apply not only to cryptocurrencies, but also to DeFi products and NFTs. Bitcoin itself returned to the rate of $40,000 on Friday.

Mark Elenowitz, president of securities exchange services firm Horizon, is confident that Bitcoin will face various headwinds and will constantly go up as long as macroeconomic conditions remain the same.

Vitaly Kolesnikov,
Analytical expert of InstaForex
© 2007-2025
选择时间框架
5
分钟
15
分钟
30
分钟
1
小时
4
小时
1
1
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

推荐文章

6月4日加密貨幣市場交易建議

比特幣和以太坊持續嘗試突破關鍵阻力位,但一直面臨相同的障礙。 一方面,這表明主要市場玩家採取謹慎的態度,並持觀望立場。

Miroslaw Bawulski 09:19 2025-06-04 UTC+2

BTC與全球M2流動性之間的相關性仍然很高

比特幣仍然無法穩固地保持在 $106,000 以上的水平,這引起了一定的擔憂。儘管在最近的幾天內,其他山寨幣和代幣的表現要好得多,但比特幣屢次在 $106,000 價位遇到阻力的事實值得注意。

Jakub Novak 09:17 2025-06-04 UTC+2

2025年6月4日BTC/USD分析

BTC/USD在4小時圖上的波形變得更加複雜。我們觀察到一個修正性向下的結構,其形成完成於75,000美元左右的水平。

Chin Zhao 09:10 2025-06-04 UTC+2

6月3日加密貨幣市場交易建議

在亞洲交易時段,比特幣和以太幣均大幅上漲,儘管昨日的收盤略顯低迷。然而,儘管這些資產迅速走強,比特幣仍然未能保持在10.6萬美元水平之上,令進一步的增長變得複雜。

Miroslaw Bawulski 08:51 2025-06-03 UTC+2

比特幣的技術前景看起來很有潛力

比特幣似乎在靠近104,000美元的水平找到了底部,目前在6月初的交易價格約為104,500美元。 顯而易見,加密貨幣正處於一個心理和技術的重要分水嶺,這可能決定下一波牛市趨勢的成功或失敗。

Jakub Novak 12:36 2025-06-02 UTC+2

6月2日加密貨幣市場交易建議

儘管在上週末出現調整,Bitcoin 和 Ethereum 再次顯示出上升勢頭,但 Ethereum 落後一些。 銀行集團的專家還指出,隨著監管清晰度的提高以及企業、ETF管理公司和機構投資者的大量比特幣購買,BTC正面臨供應衝擊。

Miroslaw Bawulski 09:45 2025-06-02 UTC+2

2025年6月2日比特幣預測

比特幣在週末從目標水平 102,698 和內嵌的綠色價格通道線的支撐位形成反轉。 如果今天的蠟燭圖以白色(看漲)收盤,將確認價格位於通道線上方的鞏固,並明確開啟通向首個目標水平111,770的道路。

Laurie Bailey 04:30 2025-06-02 UTC+2

加密貨幣投資者仍受樂觀情緒困擾

儘管目前市場正在調整,但根據所謂的恐懼與貪婪指數顯示,投資者對購買加密資產的情緒依然保持樂觀,該指數如我們先前提到的,仍處於「貪婪」區域。 基本面風險——包括政治不確定性、債務增長及收益不穩定——仍對市場情緒產生影響。

Jurij Tolin 16:24 2025-05-30 UTC+2

你知道加密行業中最賺錢的公司是哪家嗎?

儘管比特幣和以太坊在本週末迎來了一次相當明顯的修正,但加密貨幣行業中最賺錢的公司之一 —— Tether —— 可能正在悄悄地累積價值數十億美元的比特幣和黃金。 昨日,Tether 首席執行官 Paolo Ardoino 揭示,這家公司 — 全球最大的美元掛鉤穩定幣發行商 — 目前持有超過 100,000 個比特幣(價值超過 100 億美元)以及超過 50 噸黃金。

Jakub Novak 16:16 2025-05-30 UTC+2

5月30日加密貨幣市場交易建議

比特幣和以太坊持續調整,昨日全日大幅下跌。這一跌勢延續至今天的亞洲市場時段,比特幣價格下跌至104,500美元,以太坊測試2,560美元。

Miroslaw Bawulski 09:29 2025-05-30 UTC+2
现在无法通话?
提出您的问题,用 在线帮助.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.