I received cryptocurrency as part of an airdrop in 2021. Because I am a resident of New York, the platform that holds the coins does not let me sell or transfer these coins because of New York's BitLicense requirement. Should I include the fair market value of these coins at the time of the airdrop as taxable income?
Note that if I were a resident of any other US state, then I would be able to sell these coins. I'm only unable to sell because I live in New York.
I didn't receive any tax forms from the platform holding the coins.
