Post
Topic
Board Bitcoin Discussion
Re: how governments can regulate digital currencies?
by
Zadeket
on 04/12/2018, 07:50:21 UTC
Paying taxes according to law may be a trend in the regulation of cryptocurrencies!
The main purpose of government supervision is to collect taxes, and taxation according to law itself will become a key indicator of the value recognition of cryptocurrencies.
The government will obviously get tax revenues if it regulates digital currencies. On the other hand, clearly the government recognizes the existence of certain digital currencies that can be used in their country, perhaps digital currencies that cannot meet the criteria of the country will be banned. Without regulation the government will not receive income from digital currencies.