The tax implications of Celsius, which finalized its bankruptcy in January, are complex. Creditors are categorized into specific groups, each with different rights and claim treatments. And that’s without even considering those who sold their claims to creditors who’ll face different tax implications on top of this. Furthermore, the preferential way to deal with your Celsius transactions from a tax perspective will also depend on the amount you had in Celsius, your total annual income, and many other circumstances.
As Wasabi Wallet and Phoenix Leave the U.S., What’s Next for Non-Custodial Crypto?
On Friday, Paris-based Bitcoin company Acinq announced it is pulling its popular Lightning network wallet, Phoenix, from app stores in...