Crypto exchanges not allowing us citizens

crypto exchanges not allowing us citizens

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What is the best cryptocurrency exchange for the USA?
OFAC requires all U.S. citizens to �block� (i.e., freeze) the assets of individuals and companies who are engaging in transactions with (i) countries that are. The lack of regulatory clarity is a common complaint among crypto firms, which argue that the United States is pushing the industry overseas. As of now, NO. You cannot purchase or exchange any cryptocurrency due to the lack of a regulatory framework on cryptocurrencies in the US.
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The IRS concluded that a taxpayer who received Bitcoin Cash as a result of the hard fork had realized gross income. The Company Act generally requires investment companies to register with the SEC as mutual funds unless they meet an exemption. Tornado Cash is non-custodial.