Uncle Sam is going to want his cut on anything and everything, here’s a bit I’ve found for anyone interested…

According to the IRS, “Virtual currency is a digital representation of value that functions as a medium of exchange, a unit of account, and/or a store of value. It does not have legal tender status in any jurisdiction. Virtual currency that has an equivalent value in real currency, or that acts as a substitute for real currency, is referred to as ‘convertible’ virtual currency.

“Bitcoin is one example of a convertible virtual currency because it can be digitally traded between users and can be purchased for, or exchanged into, U.S. dollars, euros, and other real or virtual currencies.”

Yes, it sounds complicated. Let’s break it down into plain English.

“Every bitcoin transaction is taxable,” writes Tyson Cross, a tax attorney who specializes in virtual currencies. “Bitcoin users will have to calculate their gain or loss every time they purchase goods or services with bitcoin.”

So what does that mean? The IRS said that bitcoin and similar convertible virtual currencies are property for tax purposes. As with other types of property, you first acquire property, often by exchanging cash for the property, then you own the property for a period of time. Eventually, you might sell, give away, trade, or otherwise dispose of the property.

So we have three moments in time that are critical to taxation of any type of property, including convertible virtual currencies: when you acquire it, how long you hold it, and when you dispose of it. The taxman comes when you dispose of it.”   https://www.thebalance.com/how-bitcoins-are-taxed-3192871

This coming from the G20 several days ago 

 https://cryptonews.com/news/g20-reportedly-agrees-on-int-l-crypto-tax-plan-3010.htm