Yes, saw this. Q–1: How is virtual currency treated for federal tax purposes? A–1: For federal tax purposes, virtual currency is treated as property. General

Yes, saw this. Q–1: How is virtual currency treated for federal tax purposes? A–1: For federal tax purposes, virtual currency is treated as property. General tax principles applicable to property transactions apply to transactions using virtual currency. Q–2: Is virtual currency treated as currency for purposes of determining whether a transaction results in foreign currency gain or loss under U.S. federal tax laws? A–2: No. Under currently applicable law, virtual currency is not treated as currency that could generate foreign currency gain or loss for U.S. federal tax purposes.