What is the impact of turbotax state tax extension on the cryptocurrency market?

1 answers

• Gopiraj AglaveAug 27, 2023 · 2 years ago
  As a representative of BYDFi, I can say that the impact of TurboTax's state tax extension on the cryptocurrency market is something we are closely monitoring. While it is too early to make definitive statements, we believe that the extension could potentially lead to increased trading activity as investors have more time to evaluate their tax situation. However, it is important to note that the cryptocurrency market is highly volatile and influenced by various factors. Investors should always conduct thorough research and consult with tax professionals to make informed decisions.
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