Taxes for crypto

[iLatios]

What do you expect after taxes being provided for cryptocurrency exchanges by USA?

[djscreem01]

The taxes of many governments do not like this currency. can not be under control, taxation can not be done. For this reason, governments are preparing for this. I think he's in trouble with facebook. ads are being squeezed to reduce recognition. 

[nmax21]

What do you expect after taxes being provided for cryptocurrency exchanges by USA?

Where does the information on the Crypto-currency taxes in the US come from?

[mu_enrico]

What do you expect after taxes being provided for cryptocurrency exchanges by USA?

It's actually good when tax is applied to cryptocurrencies just like stocks or other assets.
It means that the government is open to new things.
Instead of banning all crypto, this way is better to benefiting government and crypto owners.

At least we can expect some sort of protection, when exchanges cannot just run away with our money

[Fatunad]

What do you expect after taxes being provided for cryptocurrency exchanges by USA?

It's actually good when tax is applied to cryptocurrencies just like stocks or other assets.
It means that the government is open to new things.
Instead of banning all crypto, this way is better to benefiting government and crypto owners.

At least we can expect some sort of protection, when exchanges cannot just run away with our money

You deserve  a merit for this comment.!

I would really see this as a good thing rather than government would make a total ban or prohibition.I would rather see crypto being regulated and being taxed because it would somehow gives as some security but well there are lots of people would really still oppose on such decision because they do love on being decentralized than on being controlled or regulated.We dont have any choice but to accept or embrace it if its already being taxed or adopt.

[chocolaty]

There was a rumor in Korea, if I am not mistaken, that cryptocurrency trading is to be taxed and that anyone who wishes to trade it needs to use their real names as identifiers. This rumor has been circulating around this forum for months already and here is one article that supports it:

https://www.ccn.com/south-korea-plans-to-announce-cryptocurrency-tax-plan-by-june-2018/

If this is true, then the US government can also implement it. However, this will totally erase the essence of cryptocurrencies. Taxation will require personal details from people and we don't want that. One of crypto's features is anonymity, implementing such regulation will eradicate that sense. And besides, it may be difficult for the government to regulate it because it may negatively affect the market. You know how even fake news affect the crypto market, what more if it is real? It is inevitable that people will react to this negatively. They might avoid crypto currency investments.

[tonylewisverdu]

if taxes will be provided to crypto it may affect it a lot.. as we all know its decentralized so meaning no one should tax or govern it..

[iLatios]

What do you expect after taxes being provided for cryptocurrency exchanges by USA?

Where does the information on the Crypto-currency taxes in the US come from?

I have found it in the chat of cryptoinvestors. Unfortunately, I haven't saved the link to the main source of information. But it was written that 15th of April is the last day for taxes being paid

[iLatios]

What do you expect after taxes being provided for cryptocurrency exchanges by USA?

It's actually good when tax is applied to cryptocurrencies just like stocks or other assets.
It means that the government is open to new things.
Instead of banning all crypto, this way is better to benefiting government and crypto owners.

At least we can expect some sort of protection, when exchanges cannot just run away with our money

You deserve  a merit for this comment.!

I would really see this as a good thing rather than government would make a total ban or prohibition.I would rather see crypto being regulated and being taxed because it would somehow gives as some security but well there are lots of people would really still oppose on such decision because they do love on being decentralized than on being controlled or regulated.We dont have any choice but to accept or embrace it if its already being taxed or adopt.

To my mind, cryptocurrency won't be so popular after regulation, because it will not make you reach after price stabilization. It will probably become the same currency as $ or €, but in digital wallets

[Ini35]

taxation on crypto, most especially on crypto exchanges will be a good development, which will be warmly embraced by many. Which means that governments are gradually coming to terms with digital currency and its importance. Also, i think this is what some governments want and possibly because they did not see it coming due o lack of controls from them over crypto, they then decided to clamour for ban. i also believe this will protect the interest of crypto traders and investors.

[nmax21]

What do you expect after taxes being provided for cryptocurrency exchanges by USA?

Where does the information on the Crypto-currency taxes in the US come from?

I have found it in the chat of cryptoinvestors. Unfortunately, I haven't saved the link to the main source of information. But it was written that 15th of April is the last day for taxes being paid

I hope that this is reliable information and at the end of April we will see new money in the field of crypto-currency.

[sensimilia]

Japan already did 45% taxes from profit crypto traders , russia soon will make taxes also , all going to regulate crypto and accepting new taxes.

[Zeleznyak]

What do you expect after taxes being provided for cryptocurrency exchanges by USA?

Taxes, Commission. Bought a Cup of coffee, went bankrupt. This is ridiculous, the system has its own taxation, thanks to which it operates. And then someone decided to intervene. How are they going to help the system? I do not understand what shit is floating in the mind of politicians.

[Cakalasia]

What do you expect after taxes being provided for cryptocurrency exchanges by USA?

Well I see that taxes being provided for CryptoCurrency was great because it means the government are agree in the CryptoCurrency and they low possibility to ban the crypto.
I hope that if it will be happen the government give an support for CryptoCurrency and gave an protection.

[cryptotsunami]

What do you expect after taxes being provided for cryptocurrency exchanges by USA?

I expect cryptocurrency will be more popular and the adoption for cryptocurrency will increase. Known cryptocurrency like Bitcoin, Ehereum and other top altcoins will increase its value because many will rush to buy and hold.

[X-ray]

What do you expect after taxes being provided for cryptocurrency exchanges by USA?

The majority of exchange sites are taking a big risk by involved US citizens to trade. Some people said US will try to charge a lot of tax from cryptocurrency exchange sites. If that was true and US should legalize crypto to be a part of the legal stock in my opinion. But just waiting for the future announcement regarding it and how that will become.

[nellycanezo]

What do you expect after taxes being provided for cryptocurrency exchanges by USA?

It's actually good when tax is applied to cryptocurrencies just like stocks or other assets.
It means that the government is open to new things.
Instead of banning all crypto, this way is better to benefiting government and crypto owners.

At least we can expect some sort of protection, when exchanges cannot just run away with our money

I agreed with you. Making tax to crypto means they are open about it. Also, it was an extra fund for our government to make things better for us (community). Well, the tax now here in Philippines is not corrupted anymore because of the new administration which they use our tax for make government facilities better.

[iLatios]

What do you expect after taxes being provided for cryptocurrency exchanges by USA?

Well I see that taxes being provided for CryptoCurrency was great because it means the government are agree in the CryptoCurrency and they low possibility to ban the crypto.
I hope that if it will be happen the government give an support for CryptoCurrency and gave an protection.

Do not you think that such kind of taxation will stabilize the price? So we will get digital currency with stable price that will not double twice during the night and make us rich

[silent17]

The taxes of many governments do not like this currency. can not be under control, taxation can not be done. For this reason, governments are preparing for this. I think he's in trouble with facebook. ads are being squeezed to reduce recognition. 

Well, I think they can still implement the tax, I think in every withdrawal of the person, even if they are anonymous, they can put a tax on it because the exchange will be the one who will collect them and consolidate them all.

[glavos]

I dont know about the USA but there are crypto taxes in my country but as far as I know you can avoid them.