Very Important Viewing ! Chris Haroun NBC Interview on Cryptocurrency Taxes (youtube.com)
For more details on paying cryptocurrency taxes, please see this comprehensive article I wrote on the topic:

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    Francisco Gimeno - BC Analyst US taxes looming (in fact the deadline was just yesterday), Crypto holders are confused on capital gain taxes. Some people had not planned for that, and even Tax Departments are just learning on the way. What is happening in USA is going to happen in all countries when tax hatchet comes. Cover your taxes payment always as you would do in any other business.