Crypto Regulation and TAX

in LeoFinance16 days ago

We all have seen in the past few years there have been a lot of regulations all over the world related to cryptocurrencies. Nothing is government and other big joints thanks that cryptocurrency is used for only illegal activities but there are turns off other things that can be done with the help of cryptocurrency but they are only for kissing on the negative aspects of the currency there are a lot of positive aspects as well. There are always two sides to a coin that depends upon which side you choose everything can be used for a good purpose and a bad purpose. That is up to you how you are going to use it yes many of the criminals are using cryptocurrencies for their illegal smuggling and other things that is also true but not all are doing this.

There are a lot of ongoing things and that is related to cryptocurrency but not all the governments are there that may be they are but they don't want to because they can't regulate it. I think there might be some global regulation rules in a few years I wish all the countries together can regulate the cryptocurrency in their ways. In many countries the tax on crypto withdrawal is very high so many people don't even withdraw their earnings online yes there are a lot of ways by which they can withdraw it, but I am sure they are doing it this way or another.

there should be some kind of laws but the government should think about the regulations again. The tax is too much. Not sure why I think that the government is going to decrease the tax sooner or later. I am investing and saving the cryptocurrency for the future. I am sure the future is going to be bright for cryptocurrency rest of the future will tell. Sooner or later the government will sure think about this and we will see the inter results in a few years. Some governments are being two hearts on the investors and traders but we all find a way to surpass it I am sure and together with the help of the Government and other big institute sons we will surely find the midway and it will be beneficial for all of us.

Thanks for all your support and love see you tomorrow till then take care.

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