From 0% to 55%: a Brief Guide to #cryptocurrency Taxation Around the World
▻https://hackernoon.com/from-0-to-55-a-brief-guide-to-cryptocurrency-taxation-around-the-world-f
Cryptocurrency taxation has long been the subject of heated debate within the #crypto community. Even though right now crypto is in the middle of a bear market, the total market cap still exceeds US$100 billion. With such numbers, it is no surprise that state authorities are seeking to urgently claw back control over funds that have up by and large eluded them.Confusingly, despite numerous international meetings and forums, there is still no unified approach to defining what cryptocurrencies are, and how countries can develop a common policy for taxing them. This is due partly to the anonymity of users, and partly to the ambition of virtual currencies to circumvent traditional financial institutions.As of now, official regulation (even though in some cases convoluted) regarding (...)