I notice that the issue is from Philippines which is very slow to create a guidelines. Politicians are very busy on self interest that's all the laws created is just for there own self benefits. I don't see any alarming effect of this if its came from Philippines government. LMAO
Axie has a huge hype in the Philippines they are even covered by mainstream media thanks to those who posted their income online and on TV, I agree that guidelines will be the main issue here, there are players who will comply and there are players who will try to evade paying, can the government have access on how much these players are earning and will AXIE grant them access, some players will opt to do peer to peer than trade them on the exchange, they will just encourage peer to peer.
I'm from the Philippines, and to be honest, I think they can put taxes to those earning in axie infinity. I believe there is a certain regulation here in exchanges about crypto (correct me if I'm wrong) which I have read before and they can put tax on it by creating a certain guideline. I'm afraid it is possible here though, but still I'm not sure. Government officials here are hungry for money so they will do everything on their power for them to earn on any possible opportunities out there like this one I guess. Maybe once this crypto game or other crypto games become much popular, and attracts much much more users, there is a possibility people will pay tax. Just a possibility!