Federal Court Views Digital Currencies Are Commodities | Cryptovibes.com
In a significant development, the Massachusetts District Court has ruled that cryptocurrencies are nothing but commodities.
Source of shared Link
Source of shared Link
Source of shared Link
Well, I would say that it is a virtual asset indeed similar to intangible assets and should really be considered as such.... as well as if a company has cryptocurrencies holdings, the income derived from trading should be taxed.