CME chief warns US traders face tax risk on perpetual futures contracts

🚨 CME chief warns US traders may face significant tax risk on perpetual futures contracts. ⚡ Legal uncertainty stems from ongoing debate whether these products qualify as swaps or futures. 📊 IRS has not issued direct guidance for how gains from $BTC perpetual contracts should be reported. 👀 Major institutions could be exposed to retroactive tax liabilities pending a final ruling. Continue Reading:CME chief warns US traders face tax risk on perpetual futures contracts The post CME chief warns US traders face tax risk on perpetual futures contracts appeared first on COINTURK NEWS.