Автор: Nikonos
Guia bitcoin
If you have not yet built an integration, you can choose to pay in crypto via a no-code or programmatic integration. Paying out in crypto with Connect Sellers, freelancers, content creators, and service providers around the world are increasingly looking to be paid directly in crypto. Being paid in crypto helps them access international platforms that otherwise could not support them, or because they regularly use crypto and often convert funds from fiat.
With crypto payouts, you can now support these users without writing a single line of code. How it works When you opt in to crypto payouts and provide your users access to the Express Dashboard, your users can link a crypto wallet with their account and set their default currency as USDC.
The USDC balance works like any other local currency balance. You can Transfer funds into the balance and the funds are paid out to their linked crypto wallet instead of their bank account. To make the integration even easier, you can specify Transfers in USD and it automatically converts to the preferred currency of your recipients — enabling you to have a unified integration across fiat and crypto payouts.
Users can view account information, such as their crypto account balance and upcoming payouts, using the Express Dashboard just like when they use a bank account. Also, Stripe will continue to handle all compliance requirements and generate tax forms for recipients paid in crypto. Getting started After you confirm that your platform meets all of the prerequisites above, you must enable crypto payouts for your Express accounts within the Express settings page.
You may have to report these transactions on your tax return. Cryptocurrency is a type of digital asset that uses cryptography to validate and secure transactions that are digitally recorded on a distributed ledger such as a blockchain or any similar technology. A digital asset that has an equivalent value in real currency or acts as a substitute for real currency has been referred to by the IRS as convertible virtual currency.
Bitcoin is one example of a convertible virtual currency. Bitcoin can be digitally traded between users and can be purchased for, or exchanged into, U. Tax Consequences You may owe taxes on the following transactions: Sale of a digital asset Exchange of digital assets for property, goods or services Exchange or trade of one digital asset for another Receipt of a digital asset as payment for goods or services Receipt of a new digital asset as a result of mining and staking activities Receipt of a digital asset as a result of an air drop Use of digital assets to pay for goods or services Any other disposition of a financial interest in a digital asset Receipt or transfer of a digital asset for free without providing any consideration that does not qualify as bona fide gift Guidance and Publications Find more information on digital assets and general tax rules in our guidance and publications.
IRS Guidance IRS Notice provides guidance for individuals and businesses on the tax treatment of transactions using convertible virtual currencies.
CRYPTO OTC SINGAPORE
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