tax is imposed which means it has been recognized by the government, yes this is good news but it is also bad news,
because if a merchant's income is still below $ 1000 and is taxed it is clearly very funny, especially if a holder has to pay taxes it adds to the burden on the holder himself,
if You are a holder and feel the dump today, of course everything is very frustrating, yes taxes can also kill for holders and traders
What the government recognizing is that you've gained profit and they wouldn't care if it's from crypto. If the law is just talking about gain, they really don't about the source as long as you're declaring that you've made profit.
And it's a different thing from a government that taxes crypto directly each time you take it in cash. The part for which any amount you gain through crypto is going to be taxable and that's different from the first part that I've explained.