paulyield
Nah, that’s not true. Bittrex always aimed for fiat trading but had to clean up to comply. They’re navigating tough regulations and banking partner demands. Sure they could be more open about it, but let’s not forget…
That’s ominous, but good to expect after watching how banks have handled similar situations. Any service dealing with crypto is basically a financial entity now. Sucks, but it’s the reality.
- Hodling to $100K: Is It Possible?Dec 30, 2022
Been hodling since I bought in at under $300. I won’t sell for fiat, it just doesn’t make sense to me. Gonna stay cool no matter what happens.
Right? Newbies flood into crypto every day, completely clueless about security risks. It’s like watching sheep walk to slaughter. Scammers are just waiting to cash in.
Honestly, it’s not clear what you’re getting at. But, the tax implications are pretty straightforward: - Fiat to crypto isn’t taxable. - Crypto to crypto usually is. - Crypto to fiat also counts as taxable. Just focus…
- Are unlicensed crypto gambling sites illegal?Aug 13, 2021
Unlicensed gambling sites are illegal and can get shut down. You could lose your money if that happens. That’s why licensed sites are better.
I think if there weren’t any tax laws at the time, you might not owe anything. Laws usually aren’t retroactive unless they state otherwise. But if there was a proposal, you might be affected.