Quote from: carlfebz2 on June 14, 2020, 11:12:07 PM

You wont have any problems with taxation but the real problem lies either on the user you are transacting and on that paypal account you do have.

I don't think so. OP is dealing with a large amount of money that is traded on a day to day basis. Receiving $ 5,000 each day is not a joke and could be subjected to an illegal transfer of money in the eyes of law especially if you are US based citizen.

Quote from: bitcoinpaypalguy222 on June 15, 2020, 02:35:04 AM

I am asking only for what to do with taxes and do I need licenses and things like that

I am not a US based citizen but I have done my research to help and give you a bit of information what are the steps on what are you going to do with your taxes based on the information given by @gentlemand.

The links below can be tiresome to follow but I would rather deal with those papers and requirements to avoid such problematic events in the long run.

[1] The Quick Guide To Money Transmitter Licenses