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There is a hidden tax risk of crypto perps that no one is talking about, says CME's CEO
CME CEO Terry Duffy said a court battle over whether perpetual futures are swaps or futures could eventually affect how the IRS taxes the contracts. Independent legal experts say the issue remains unresolved.
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coindesk.com
There is a hidden tax risk of crypto perps that no one is talking about, says CME's CEO
CME CEO Terry Duffy said a court battle over whether perpetual futures are swaps or futures could eventually affect how the IRS taxes the contracts. Independent legal experts say…
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cryptobriefing.com
CME Group's Terry Duffy warns of tax risks for US perpetual futures
CME Group CEO Terry Duffy warns US perpetual futures face unresolved tax classification risks, as CME sues the CFTC over Kalshi's Bitcoin perps