Is it legal to buy concurrency in USA

Is it legal to buy concurrency in USA

I would like to seek for your help since I would like to have confident answers on the following questions: (please include links for official websites)

  • Is it legal to buy & hold currencies (such as ripple, bitcoin,etc..) as a kind of investment in the USA?

  • When do you have to tax after it?

  • Do you have to report is on your tax form even before you sell it or only after you sold the currencies?

So far this is what I found: http://ift.tt/1PQmYoD

http://ift.tt/2BdsKNt

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