; and (2) no penalties or additions to tax under sections 6651, 6654, 6655, 6656, 6698, and 6699 shall apply for any failure during the applicable period to file a return or report or make a payment of tax to the extent such failure is attributable to filing or payment requirements relating to the receipt of such virtual currency (or any disposition of such currency during such period). (b) Definitions and special rules For purposes of this section— (1) Applicable period The term applicable period means any period beginning before the date of the enactment of this Act and ending on the date the Secretary issues regulations or guidance, or legislation is enacted, that prescribes each of the following: (A) The tax treatment of receiving forked convertible virtual currency. (B) Rules for calculating and allocating the basis of forked convertible virtual currency. (C) Rules for calculating the fair market value of forked convertible virtual currency at any given time. (D) Rules for determining the holding period of forked convertible virtual currency. (2) Forked convertible virtual currency (A) In general The term forked convertible virtual currency means, with respect to any taxpayer, any convertible virtual currency to which the taxpayer becomes entitled by reason of a hard fork. (B) Convertible virtual currency The term convertible virtual currency means any digital representation of value that— (i) functions as a medium of exchange, a unit of account, or a store of value; (ii) does not have legal tender status