Identity crisis: What is a Bitcoin?
Bitcoin’s advocates often refer to it as a ‘virtual currency’, but Bitgame Labs’ CFO Andrew Meiers, and the IRS, prefer it be treated as a capital asset for tax purposes.
Bitcoin.jpg&c=1&h=810&q=100&v=20250406&w=1440 "Identity crisis: What is a Bitcoin?")
When introducing the unfamiliar to the concept of bitcoin, users of the payment system often refer to bitcoin as a “virtual currency”. But it’s an explanatory term that some regulators, users and Bitcoin companies would prefer was used metaphorically.
Sign-in to access CorporateTreasurer content.
Please sign in to your subscription to unlock full access to our premium CT resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial. Click the link to get started.
Note: This free trial is a one-time offer. You are eligible for one free trial per year.
If you are a treasurer, CFO or senior finance professional at a corporate, please register to the website here.
Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.
© Haymarket Media Limited. All rights reserved.
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
for unlimited access to all articles, newsletters
