Episode 68: Fiscal concerns related to utility tokens and the token economy | Tax laws surrounding NFTs

There are several fiscal concerns related to utility tokens and the token economy, including lack of regulatory clarity, market volatility, fraud, taxation, liquidity issues, and security risks. Taxation for NFTs depends on whether they were sold, created as a hobby or a business, or if royalties were received from the sale. Tax laws surrounding NFTs are still evolving, so it's important to seek guidance from a tax professional.Today's podcast guests:Erik Hensel, Tech Entrepreneur, MNTG:  https://www.linkedin.com/in/erik-h-a2393020/Dennis Post, Partner Tax at EY: https://www.linkedin.com/in/dennisrpost/Alex Bausch, (host), Chairman 2Tokens: https://www.linkedin.com/in/alexbausch/Subscribe to our newsletter https://share.hsforms.com/1bf2NmSX1Tp6hFgNpN8_iWQ4tojo Read more on our blog https://www.2tokens.org/news Follow us on LinkedIn https://www.linkedin.com/company/2tokens Twitter https://twitter.com/2tokens_org?s=20 Website https://www.2tokens.org/ Do you want to join one of the use cases? Contact us via [email protected] Send us Fan MailSupport the showDo you want to join one of the use cases? Contact us via [email protected]  Read more on our blog 👉 https://www.2tokens.org/news Follow us on LinkedIn 👉 https://www.linkedin.com/company/2tokensTwitter 👉 https://twitter.com/2tokens_org?s=20 Website 👉 https://www.2tokens.org/