Lead · Beginners Guide

I Bought an NFT with USDC, Thinking There Was No Taxable Event — It Turned Out to Be Two

Buying an NFT with a stablecoin isn't "no taxable event" — it's a taxable event that happened to net to zero. That distinction decides whether you need to keep records.

Olivia Park · August 31, 2026

Many people new to NFTs share the same intuition: "I didn't convert crypto to fiat — I just used a Stablecoin to buy a picture. That shouldn't be a taxable event, right?" That intuition is wrong, and it's wrong in exactly the spot beginners most often overlook: a stablecoin is still a cryptocurrency, and using it to buy anything — including an NFT — constitutes a crypto-to-crypto trade,...

Beginners Guide

Filling Out a Tax Residency Declaration for the First Time? Here's Where People Most Often Get It Wrong

Your passport tells people what nationality you are. A tax residency...

Beginners Guide

Why Opening an Exchange Account Now Asks for More and More Information: The Real-World Impact of CASP Rules

The exchange isn't asking for more tax information to be annoying — it now...

Beginners Guide

You Traded Bitcoin for Ethereum — Here's Exactly How the Tax on That Gets Calculated, Step by Step

The moment you swap coins, you're actually doing two things at once: closing...