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The Dos and Don’ts of Filing Taxes for DAI in the USA
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The Dos and Don’ts of Filing Taxes for DAI in the USA

makerdao_dai
February 14, 2023 Tagged DAI, Tax, USA
When it comes to understanding how to pay taxes for the Dai stablecoin in the United States, it is important to understand relevant regulations and guidelines set forth by...
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  • EU Tax for Maker DAI (DAI) March 19, 2023
  • Cryptocurrency Taxes in Canada: A Deep Dive into DAI February 21, 2023
  • The Dos and Don’ts of Filing Taxes for DAI in the USA February 14, 2023
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About DAI

Dai is a stablecoin designed to trade as closely to $1 as possible. Unlike most other stablecoins, Dai is collateralized exclusively by other crypto assets. This is facilitated through the Maker protocol on the Ethereum blockchain, where crypto assets like ETH, BAT and USDC can be locked as collateral in order to borrow DAI tokens. The Maker protocol and the Dai stablecoin play a big role in Ethereum’s decentralized finance (DeFi) ecosystem.

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Recent Blogs

  • EU Tax for Maker DAI (DAI) March 19, 2023
  • Cryptocurrency Taxes in Canada: A Deep Dive into DAI February 21, 2023
  • The Dos and Don’ts of Filing Taxes for DAI in the USA February 14, 2023

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