Slovenia is one of the Cryptocurrency Tigers around Europe.
Last April the Finance Ministry of Slovenia proposed a law to levy a 10% tax on all fiat-to-crypto conversions and cryptocurrency transfers. Now the country is getting ready to start taxing cryptos. Given that this will work out as an experiment in the eyes of several countries if everything goes well many other countries in Europe should follow.
Thing is, it puzzles me how are they going to tax cryptos... what sort of technics will the country develop to track all cryptocurrencies in circulation?
Some people thinkit's not a good move for the people who work in cryptocurrency.But it's not a true.The true fact is,it was a good one.We can do transaction in very legal manner.It will find out the scammers in the field.So the people get the trust on online transaction.So many new people get into the crypto.Even many big shot make their investments.It will double or triple the price of bitcoin.