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in CollectionInvestors riding the NFT craze are facing billions in taxes | Crypto News
The NFT market has soared to $44 billion, according to data from Chainalysis, and the rules around token taxation are unclear. It’s one of the hottest coins in crypto – and now the US government wants its share of the profits. Investors and creators of non-fungible tokens – a market that has soared to $44 […] More
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in CollectionAn Era Ends: Porterville Art Association closing its doors | Photos
A Porterville establishment is closing. The Porterville Art Association, which has existed in Porterville since 1966, will close at its current location at 151 North Main Street. PAA is closing in part due to the COVID pandemic. “After two years of declining assets, PAA’s board of directors unfortunately took a unanimous decision to dissolve the […] More
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in CollectionLocals cautious about NFTs | Business
Taos County resident Cory Marchasin, company founder and former CEO, sold a photo of his foot for $ 3 online. Marchasin attempted to sell it for 400,000 Ethereum (which is a unit of cryptocurrency), but said he sold it “immediately” after lowering the price. The image of its foot is known as a non-fungible token […] More