Please tell me from which country you are from and what your government is doing to regulate bitcoin and other cryptos.
Also what is the amount of taxes you have to pay.
interesting to see in what direction it might go.
I'm from Belgium and atm there are no restrictions that I know of. Only you have to pay taxes if you withdraw +20k of bitcoin or others.
Also what is the amount of taxes you have to pay.
interesting to see in what direction it might go.
I'm from Belgium and atm there are no restrictions that I know of. Only you have to pay taxes if you withdraw +20k of bitcoin or others.
They get you trading both ways. You have to pay a mining fee tax for using Bitcoin, as well as a tax on the fiat you trade in.
The reason the value of Bitcoin went down starting at the beginning of 2018, was that the mining fee taxation went up so high that it wasn't viable to spend or buy bitcoins anymore. If the miners hadn't agreed to raise the miner fee, Bitcoin would be worth more than a $million right now, and the whole structure of world control would be different because of the people who owned bitcoins.
