Within Europe we have Dac-8 which forces all cryptobanks and exchanges to exchange the countries who has how much crypto in their accounts. They do claim that is forced for transparancy and to be able to track dirty money. But it is just a next step to be able the tax the crypto holders.
While I do encourage crypto legislation because it will make it more main stream, I hate to see some of my profits vaporized due to taxes. Guess it is a 2 side cutting knife.
Sort: Trending