tax Fairness Act of 2020 for virtual currencies

A monster headwind to utilizing cryptocurrency for its expected reason as cash, at any rate in many nations, is following each and every exchange for tax purposes. In the United States, in the event that you purchase some espresso with Bitcoin Cash, however those coins went up in an incentive since the time you got them, you need to put that exchange on your tax return toward the year's end.

you can find more info on

https://www.congress.gov/bill/116th-congress/house-bill/5635