No. There’s a new question on the 2019 Schedule 1 asking: “At any time during 2019, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?” (Instructions to Schedule 1 of the tax return clarify the meaning of these activities.) The IRS has made it clear that virtual currency essentially refers to Bitcoin and similar digital currency, which can be converted into U.S. dollars, Euros, or other real currencies. It does not apply to virtual currencies, such as Ether, Roblox, or V-Bucks, used in online gaming (a “closed ecosystem”).
The amount of gain reportable and subject to tax. On certain tax-free exchanges of property, gain is not recognized in the year it is realized.