Is trading on Kalshi considered crypto trading for tax purposes?

[cryptoenthusiast]

No. Kalshi trades are treated as event contracts under US regulation, not as cryptocurrency trades. However, speculation on crypto price outcomes could have tax implications depending on local regulations, so users should consult a tax advisor.

[Abdul Khan]

Nope — Kalshi trades are event contracts, not crypto transactions.

[Nahid Hossen]

Tax rules treat Kalshi differently since it’s a regulated prediction market. ️