According to my opinion, I think It's income and should be taxed. There should be a tax on capital gains because it's income and the current law is that people pay taxes on their income. If we want to debate or reform that policy, perhaps we should, but then it should be targeted at all kinds of income taxes, not just capital gains taxes. Getting rid of capital gains taxes by themselves is simply a way to cut taxes on the rich, because the rich make more money through capital gains than poor people do.
What is your thought on this matter?
Well, that's one of the reasons why people choose to invest in crypto to get away from taxes. However, I heard that in some countries they are being taxed from their income from cryptocurrency. It is not yet fully implemented world-wide, but I guess as crypto gets adapted by the mass, the government will start taxing it too.
in my country crypto has not been legalized, but when we will exchange it into fiat currency, there will be tax to be paid. this is logical because the local exchange that provides is official, and certainly gets a permit from the government, so the turnover he gets is taxed. and this I realized only after learning it