1. Just read an article in the Wall St. Journal - take away is this, the wash/sale rule that applies for normal investments does not apply to crypto. If you've purchased higher and took losses on the way down, you can use to offset ordinary income carryforward. Article linked here
2. Separate and not from the above article, do you think FINRA or the SEC will eventually regulate the crypto industry eventually after yet another exchange (FTX) went tits up earlier this week?
*Note, I've never owned any crypto or NFT product, but I do find it fascinating to watch.
2. Separate and not from the above article, do you think FINRA or the SEC will eventually regulate the crypto industry eventually after yet another exchange (FTX) went tits up earlier this week?
*Note, I've never owned any crypto or NFT product, but I do find it fascinating to watch.
