Cryptocurrencies like Bitcoin and Ethereum have transformed finance, but their environmental impact remains a contentious issue.
Bitcoin, the first and most recognized cryptocurrency, has dominated the digital asset space since its inception in 2009.
Ethereum, the second-largest cryptocurrency by market capitalization, continues to evolve as a leading blockchain platform, powering decentralized finance (DeFi), non-fungible tokens (NFTs), and smart contracts.
Stablecoins, cryptocurrencies pegged to stable assets like fiat currencies or commodities, have emerged as a cornerstone of the digital finance ecosystem.
As cryptocurrencies like Bitcoin, Ethereum, and stablecoins gain mainstream adoption, understanding their tax implications has become critical for investors, traders, and everyday users.