CryptoPioneer
Sun Jun 09 2024
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5 answers
758
Do I report crypto if I didn't sell?｜Crypto is generally not subject to immediate taxation, assuming you purchased the crypto as an and didn't acquire it as a form of income or by other means. This means that when you US taxpayers purchase crypto, .there is no immediate reporting requirement until you sell
I'm a bit confused about the taxation of cryptocurrencies. If I haven't sold any crypto assets, do I still need to report them? I understand that crypto is generally not taxed immediately, but what if I bought it as an investment rather than as income? Is there a specific rule or regulation that applies to US taxpayers in this case? I'm just trying to clarify my tax obligations related to my crypto holdings.
Raffaele
Sun Jun 09 2024
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5 answers
1045
Who is the best crypto trading app?
Who exactly is the top contender in the realm of cryptocurrency trading applications? I'm keen on understanding which platform offers the most comprehensive suite of features, robust security measures, and a user-friendly interface. Additionally, I'm interested in knowing about the trading fees associated with each app, as well as their reputation in terms of reliability and customer service. Is there a clear winner in this competitive market, or does it depend on individual needs and preferences? Could you please elaborate on the strengths and weaknesses of the leading crypto trading apps?
ShintoMystical
Sun Jun 09 2024
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6 answers
1736
Does Brazil tax crypto?｜. You will only be required to pay capital gains tax if the total value of your disposals exceeds R$35,000 in a month.Profits from selling and trading away crypto are subject to capital gains tax in Brazil
Does Brazil levy taxes on cryptocurrency transactions? I've heard that capital gains tax is only imposed if the total value of disposals exceeds R$35,000 in a single month. Could you clarify if this means that smaller transactions are tax-free? Also, I'm curious about the taxation of profits derived from selling and trading cryptocurrencies. Are these profits taxed as capital gains in Brazil? It would be helpful if you could provide more details on the taxation policies related to crypto in Brazil.
TaegeukChampionCourageousHeartWarrior
Sun Jun 09 2024
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5 answers
1078
Is crypto banned in Saudi Arabia?｜, and the government issued a warning in 2019 about transacting in crypto assets unsanctioned by the state. In 2022, SAMA hired a virtual assets lead to develop regulations.In 2017, the Saudi Arabian Monetary Agency (SAMA) stated that financial institutions are banned from crypto transactions
Could you please clarify the legal status of cryptocurrency in Saudi Arabia? I've heard rumors that it's banned, but I'm also aware that the government issued a warning in 2019 regarding unsanctioned crypto transactions. Moreover, SAMA seems to be taking steps towards developing regulations in this space, having hired a virtual assets lead in 2022. However, the Saudi Arabian Monetary Agency (SAMA) stated in 2017 that financial institutions are banned from crypto transactions. So, what's the current official stance on cryptocurrency in Saudi Arabia?
EtherWhale
Sun Jun 09 2024
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6 answers
986
Do I need license to trade crypto in UAE?
Hello there, I'm just curious about the regulations surrounding cryptocurrency trading in the UAE. Could you please clarify whether I require a license to engage in crypto trading activities in this country? I've heard rumors about certain requirements, but I'm not entirely sure if they apply to individuals like me. Would it be possible for you to provide some insight into this matter? It would be greatly appreciated if you could enlighten me on the legalities and procedures involved in obtaining any necessary licenses, if any. Thank you in advance for your assistance in this matter.
