Quote from: usorin on May 09, 2019, 10:05:56 AM

Quote from: Drysprinkles291 on November 05, 2018, 09:33:45 PM

The bill that has been introduced in the Ukrainian parliament which proposes a halt on cryptocurrency taxation of any nature in Ukraine until the end of 2029, would definitely be something all crypto people would get behind. The questions is, how does cryptocurrency taxing work? And is there a fair way around it?

Sounds great but we talk about Ukraine a country with political instability. Me personally i dont like the idea of taxing but i prefer to see some reglementations regarding crypto.

What is surprising to me is the fact that some government fully recognizes cryptocurrency and probably believes in the solution that came with it and yet they dont want to regulate it, if Ukraine can talk about 2030 for crypto, and then it is obvious they so much believe that cryptocurrency has come to stay.

We can see why it will be absolutely impossible for cryptocurrency to be banned worldwide, because there are so many countries that are friendly with cryptocurrency, so the next step they need to take now, is to first regulate it, taxing is not a problem, because most companies that are involved in the use of cryptocurrency never complains of tax but we need some sort of regulation that will make the crypto industry a safer one.