Among the many areas of law that will have to continue to evolve around cryptocurrencies is the tax law.  In the United States, as far back as 2014, the Internal Revenue Service issued Notice 2014-21 which clearly stated that virtual currency is treated as property for U.S. federal tax purposes.  That meant, among other things that: Wages paid to employees using virtual currency are taxable to the employee, must be reported by an employer on…