Post
Topic
Board Bitcoin Discussion
Re: Bank of America now treats BTC and ETH as Cash
by
Malam90
on 15/07/2020, 02:59:29 UTC
Reportedly US Banks are going the treat Bitcoin (BTC), Ethereum (ETH), and all crypto purchases same as Cash. In the crypto economy, this move is going to be a milestone. Cool

You haven't mentioned any logical source of this information. If this decision is really taken that BTC and ETH will considered as cash from now will be a great epoc making event for the crypto. There is a question of my mind, how they will claim taxes on the users. How many % of taxes they will implement on income from Bitcoin and Ethereum.