Question: Bitcoin and blockchain technology that makes it work, has created new methods for commerce and investment. One of these new vehicles is initial coin offerings
Bitcoin and blockchain technology that makes it work, has created new methods for commerce and investment. One of these new vehicles is initial coin offerings (ICOs). Find an example in the United States where an ICO was used to generate capital for an entity. Describe the offering process and type of entity. Does this type of financing create any new tax issues? Explain.
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