I do think it's good news. It is better than banning it, and by imposing tax on profits made on cryptocurrency - the country is accepting cryptocurrency. But 24 per cent tax, is far too high.

The UK and EU are also looking to regulate Bitcoin and other cryptocurrencies to fight anti-money laundering and tax evasion. I believe that we will see that in the next month or two. And I expect to see more of the same in many other countries.  https://www.theguardian.com/technology/2017/dec/04/bitcoin-uk-eu-plan-cryptocurrency-price-traders-anonymity