Post
Topic
Board Altcoin Discussion
Re: NFT games players might facing problem in our country
by
yazher
on 24/08/2021, 06:38:13 UTC
~This kind of news is something you don't want to see because once they put their hands on these earning opportunities, they will fill all of the games and trading platforms out there with taxes.~
Whether we like it or not, taxation will be inevitable in the cryptocurrencies space. Axie surely gets the centre of attention noting how big the userbase as does the money that flows around on that platform. But if the governments want to impose a tax on any type of cryptocurrencies assets they need strict regulation and laws for it. I don't think they will mandate a heavily strict regulation/law into any projects that exist, we all know how many shitcoins that are available on this space.

Yeah! you're right because if they ever implemented such laws, they also need to investigate the project if they really wanted to get some tax from it because I realized that not only the players will get affected if ever that will happened, the owner of the games need to be transparent too in order for their game to be played.