Security Tokens

How is buying/selling security tokens handled in US taxes? Specifically Nexo Tokens.

Is it just treated like buying/selling any other Crypto, ie BTC?

Are dividends paid out taxed similar to Crypto interest earned?

Are there any special requirements to hold them, similar to holding a security?

How is buying/selling security tokens handled in US taxes? Specifically Nexo Tokens.

Buying is not taxable. Selling is taxable.

Is it just treated like buying/selling any other Crypto, ie BTC?

Correct.

Are dividends paid out taxed similar to Crypto interest earned?

Correct.

Are there any special requirements to hold them, similar to holding a security?

No.

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