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.
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
Good news from what regulation or something? Since I don't find this good since imagine theirs a part of your profit has been taken and thats totally insane. But if they would really implement this well there's nothing we can dl from it but lets hope they will do a strict ruling on how they can fight crypto scams and other frauds.