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Re:Visa Plans to Enable Bitcoin Payments at 70M Merchants by midasuni on Wednesday March 17, 2021 @05:07PM (#26496800)
If you buy euros with dollars, keep them, then buy dollars back, is that lunged as capital gain/loss?
Re:Visa Plans to Enable Bitcoin Payments at 70M Merchants by cwkoss on Wednesday March 17, 2021 @05:23PM (#26496952)
I believe currency trading has special tax treatments distinct from commodities.

https://www.investopedia.com/articles/forex/09/forex-taxatio...

Re:Visa Plans to Enable Bitcoin Payments at 70M Merchants by projektfu on Wednesday March 17, 2021 @05:21PM (#26496923)
In short, yes, in the US, with a few exceptions.