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Tag: crypto taxes

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How are crypto loans taxed?
October 4, 2022

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SALT Blockchain Inc.

600 17th Street
Suite 2800 South
Denver, CO 80202

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Legal disclaimer

Use of, access to, and all other policies, restrictions, and limitations governing any pages, links, or content owned by SALT Blockchain Inc. (“SALT”) and/or affiliates provided here is controlled and governed by the documentation, policies, and statements therein. Please see Terms of Use for further information, disclosures, and policies.

SALT loans are originated by SALT Lending LLC (f/k/a SALT Master Fund II, LLC) – NMLS 1711910

NMLS Consumer Access

Disclaimer

This website contains depictions that are a summary of the process for obtaining a loan and provided for illustrative purposes only. For example, a one-year $10,000 loan with a rate of 6.00% APR would have 12 scheduled monthly payments of $861. There is no down payment required. Annual percentage rates (APRs) through the website vary. Loan terms may vary or may not be available in your jurisdiction, for your requested loan amount, and/or preferred collateral type. SALT Loans are subject to jurisdictional limitations and other restrictions. SALT does not offer loans to all prospective borrowers. The use or access of the website or platform does not guarantee the availability of any current and/or future offer, promotion, terms, loan, or return. Additional terms, conditions, requirements, suitability, and screenings, among other restrictions, may apply at the sole discretion of SALT. SALT Lending LLC’s loans are issued pursuant to private agreements. You should review the representations, warranties and other terms and conditions described in the loan agreement.

Borrowing against collateral entails risk and may not be appropriate for your needs. Rates for SALT products are subject to change. Digital currency is not legal tender, is not backed by the United States or any other government, and SALT accounts are not subject to FDIC or SIPC protections.

No Investment Advice

Nothing on this website should be construed as an offer, sale, endorsement or recommendation regarding any type of security or digital asset, including but not limited to Bitcoin or SALT Token. The information provided on this website is for informational purposes only, does not constitute investment advice, financial advice, trading advice, or any other sort of advice, is not intended as an offer or solicitation with respect to the purchase and/or sale of any security or digital asset, and you should not treat any of the website’s content as such. You are encouraged to conduct your own research and due diligence and to consult your financial, tax, or legal advisors before making any investment decisions. Digital assets are highly speculative and the market is largely unregulated. Anyone considering investing in or with digital assets should be prepared to lose their entire investment.

State Notices

California DFPI Notice

Please visit our California DFPI Notice page for more information. If you’d like to submit a formal complaint online with the Commissioner, please visit: https://dfpi.ca.gov/submit-a-complaint/. Loans will be arranged or made pursuant to California Financing Law.

State of Idaho Disclaimer

In Idaho, SALT offers consumer loans and is doing business as SALT Lending LLC, a licensed regulated lender (License No. RRL-11258).

Michigan Regulatory Loan License

License No. RL-0025865
Effective: February 28, 2024
Regulator: Department of Insurance and Financial Services
530 W Allegan St. 7th Floor
Lansing, MI 48933
Toll-Free: 877-999-6442

Loan documentation may provide for additional State notices and applicable terms. See SALT’s Licenses page for additional license information.

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