Can US citizens trade on NEO Exchange?
Could you please clarify whether US citizens are permitted to engage in trading activities on the NEO Exchange? I'm interested in understanding the regulations and any potential restrictions that might apply to individuals residing in the United States who wish to trade on this platform. Additionally, it would be helpful to know if there are any specific steps or requirements that US citizens need to follow in order to comply with any relevant laws and regulations. Thank you for your assistance in clarifying this matter.
Do US citizens pay taxes on crypto?
I'm a bit confused about the tax regulations surrounding cryptocurrencies in the United States. As a US citizen, am I required to pay taxes on any profits or transactions made with cryptocurrencies? How does the IRS treat these digital assets? Also, are there any specific tax deductions or exemptions available for crypto investors? Could you please clarify the situation for me?