undefined | Better HN

0 pointsre-thc2y ago0 comments

Those you mention are regulated (to some extent). Is crypto? Main issue. Not a level playing field.

0 comments

we're not arguing about regulations or ethics, he was just saying that it was just gambling, more regulations wouldn't change that

But crypto _is_ regulated. The SEC has been clear about how to treat and tax crypto.

> SEC has been clear about how to treat and tax crypto

The SEC has no authority over how crypto is taxed.

Their guidance to treat it like a security has clear tax implications, im obviously not saying they control the tax legislation itself.

j / k navigate · click thread line to collapse

we're not arguing about regulations or ethics, he was just saying that it was just gambling, more regulations wouldn't change that

But crypto _is_ regulated. The SEC has been clear about how to treat and tax crypto.

> SEC has been clear about how to treat and tax crypto

The SEC has no authority over how crypto is taxed.

Their guidance to treat it like a security has clear tax implications, im obviously not saying they control the tax legislation itself.

j / k navigate · click thread line to collapse