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Cryptocurrency and Taxation
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[QUOTE="sincerem, post: 70193, member: 25228"] It will be hard for government of our country to implement taxation when it comes to cryptocurrency. Cos Cryptocurrency operates on unanimous way, you can't track those investors that is investing heavily. But you will track those Cryptocurrency exchanger wallets that is acting as financial institutions to those investors that invests whole lots funds to save on those wallets. Government will demand due licensing fees from those crypto exchange platforms, either monthly, or yearly. Any one can go, that is the way I think the government can recoup taxation fees from such kind of organization. [/QUOTE]
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