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IRS Cryptocurrency Guidance Leaves Unanswered Questions, Law360

Friday, October 11, 2019

Morgan Lewis partner Sarah-Jane Morin was interviewed by Law360 Tax Authority for an article about the US Internal Revenue Service’s recently released cryptocurrency guidance addressing hard forks and airdrops. “Airdrops are more typically used in marketing purposes,” Sarah-Jane said in the article. “So if you’re launching a crypto and want to airdrop it for free to new users, that may be one way you’d target it for your new launch, and that is not addressed here.”

Read the full Law360 article >>