Taxing Crypto Currency in Transfer
Golden, Colorado Apr 1, 2022 (Issuewire.com) – I was awarded a provisional patent #63/314,246 from the US office that is internationally covered under Paris / Geneva. My patented process is:
- Create crypto tokens that can be used with the system and stored in digital wallets
- Integrate the crypto token as legal tender and payment of taxes and/or fees
- Deploy the system hardware and software-based processes
- Integrate the system and software with tax and/or fees collection agency systems
This started out as a crypto project to help solve homelessness I have been working on for years. I patented this process as the answer to all of the integration red tape. I have attached the patent paperwork beginning, acceptance letter, and an example flow chart of crypto for Colorado possibility. “Taxing crypto” ultimately means in transfer. States and Municipalities will receive tax the moment the sale is made, and every state & country will have its own crypto.
I have partnered with Pershing (BNY Mellon) and all accounts will be insured for one billion US dollars or equivalent. I am working with my home state of Colorado for the first offering. Please contact me for more details.
Source :Darren Lyman
This article was originally published by IssueWire. Read the original article here.
