United States

GDP

$20.95 Trillion

Population

331.89 Million

GDP per capital

$63.54 Thousand

The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a transcontinental country located primarily in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine minor outlying islands,[j] and 326 Indian reservations. It is the third-largest country by both land and total area. It has maritime borders with the Bahamas, Cuba, Russia, and other nations.[k] With a population of over 331 million,[e] it is the third most populous country in the world. The national capital is Washington, D.C., and the most populous city and financial center is New York City.

Light

  • Green

General adoption

High

Government View

SEC views most assets as Securities and Taxed as such, but regulators haven’t yet come to a final conclusion. ICO fall under the SEC’s jurisdiction of enforcing federal securities and may be securities offerings.

Blockchain Projects

https://www.coinbase.com/

Taxes and Regulation

Cryptocurrencies are taxed as “property” (digital assets) and not as currency. Therefore you’d need to declare (Form 8824 with the IRS) it as aftermath sell (very similar to stock market).

Trading

Trading is permitted in the US. You may use your credit cards, bank transfer and other means in order to cash in via any application which describe above.

Privacy

Upon entering The US there is no declaration demand for Cryptocurrencies.

Last Updated

Monday, 31 October, 2022
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