with the tax news flying around , the crypto market was really hit hard and still crawling from recovery. if finally validated, what effects will it have on crypto markets and its traders. please share your views and thoughts.
Depends on a certain country because even others are already setting out those taxation laws but doesnt mean that all countries will follow along.Im already anticipating for this time will come where government is starting to look at on the probabilities on imposing taxes on crypto gains on a certain individual but do they
really think that they can filter it out completely. ?
honestly the majority is not happy with the news, in developed countries they can track and work with exchanges if they want to do it. not all countries will be able to do this. on the long run its a good move but for start it isnt.