
Two weeks after telling government workers who owned cryptocurrency that they couldn’t work on policy, the U.S. government is now making them report their non-fungible token (NFT) holdings.
Over the weekend, the Office of Government Ethics (OGE) put out a legal advisory to set rules for NFTs’ financial disclosure reporting requirements.
As a general rule, NFTs held for investments or “production of income” that are worth more than $1,000 must be reported within the time frame set by the government.