there are many of the most trouble nations in the world where cryptocurrencies are banned. but there are also many countries where trading is totally legal. i done some research about taxes on cryptocurrencies and you will suprise to know it
CRYPTOCUURENCY TAXES IN AUSTRALIA
if austrailian resident holds cyrptocurrency more than 12 month without sellling or trading it then he must to pay 50% capital pay discount.
CRYPTOCURRENCY TAXES IN GERMANY
if you own cryptocurrency more than a year then you have to pay 45% tax for all apllies of gain.
CRYPTOCUURENCY TAXES IN AMERICA
american have to pay tax every time when they buy or trade cryptocurrency. and if american holding cryptocurrency more than ayeart than he have to pay long term capital gain tax.
CRYPTOCURRENCY TAXES IN FRANCE
french tax authority applies 19% cryptocurrency short gain taxes on their residents
CRYPTOCYYRENCY TAXES IN SWEDEN
in sweden, 30% capital gain tax applies on any sale or exchange of cryptocurrency
THANK YOU FOR READING
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Cryptocurrency & Blockchain
A cryptocurrency is a digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.