“If you give crypto to a friend or family member — to anyone really — ask how much it is worth. If the gift is worth more than $15,000, it requires you to file a gift tax return,” explains Wood.
Iran Steps Up Plan for National Crypto After US Sanctions - Bitcoin News
Right after Washington’s move to impose sanctions that will restrict Iran’s access to US currency, reports came out that Tehran is speeding up the project to develop a national cryptocurrency.
Toronto May Soon Drive Virtual Currency Laws Across Canada
The acceptance of Councillor Kelly's proposal on January 31, 2018 may serve as a catalyst for rapid legal development in the virtual currency space, with Toronto having initiated the process. Chetan Phull · Jan 16, 2018
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