Typically, virtual currencies are created by private issuers and utilized within certain virtual communities. Protecting the privacy of the software and networks that support virtual currencies is crucial. […]
A virtual currency is an electronic-only digital representation of value. It is kept and handled using a specialized computer, mobile, or software application. […]
Cryptocurrencies are not currencies or a medium of transaction, legally, in the US according to the IRS. They are considered capital assets. As such, they are taxed for capital gains just like stocks and bonds are. […]
