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.
Some countries are already imposing taxes for holding Bitcoin like in Germany but still, there are a lot of countries that didn't bother to ask for it
https://decrypt.co/43513/10-countries-that-dont-tax-bitcoin-gainsWell, If we could just think about how fiat rulers paying their taxes to a certain percentage, it quite similar chargers will also have to see in crypto(if possible). As the growing number of crypto investors, traders, and holders, the more it attracted the government to fully legalize forcing them to pay their taxes. Maybe not this time and the rumored that we have heard had come to possible in the near future. And could really affect the anonymity we have in this crypto market as they surely ask about our identity.