Miami-Dade County in Florida has approved a resolution to create a taskforce to study the feasibility of accepting crypto as a form of payment for taxes.The Cryptocurrency Task Force will offer recommendations around other potential policies related to crypto that could prove advantageous, according to an announcement Wednesday.First and foremost, the taskforce will explore how … [Read more...] about Florida County Miami-Dade to ‘Study Feasibility’ of Paying Taxes With Crypto
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County in New Jersey makes 250% profit from crypto seized in 2018
A county in the state of New Jersey has announced the liquidation of cryptocurrency assets seized in 2018.On Monday, the prosecutor’s office in Monmouth County announced that the confiscated crypto —initially valued at $57,000 at the time it was seized — was liquidated on Coinbase for $198,237 at a quote “profit” of $141,000.Authorities captured the cryptocurrency during a 2018 … [Read more...] about County in New Jersey makes 250% profit from crypto seized in 2018