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Pakt

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🚨 Big News: Pakistan is Taking Steps Toward Adopting Crypto Legally! 🇵🇰💸 Pakistan is finally setting the stage for legal adoption of crypto and forming a crypto council — a major leap forward! 🙌 But before we celebrate too hard, let’s talk about the real next challenge: TAXATION. 📉📈 ✅ If crypto becomes legal, that’s great for innovation, startups, and tech enthusiasts. ❗BUT... legality also means regulations, and yes — TAXES will follow. Here’s what we should expect: 🔹 Capital Gains Tax on crypto profits 🔹 Withholding taxes on exchanges like Binance 🔹 Reporting of large crypto transactions 🔹 Possibly GST or service tax on transaction fees 🔹 Strict KYC/AML for all users So yeah, legality sounds good — but traders need to be prepared. It won’t be the tax-free wild west anymore. If you're a regular trader, you’ll need to track profits/losses, maintain transaction history, and possibly even hire a tax advisor. 😅 💬 What do you think? Is legal crypto with taxes still a win for Pakistan? Or will taxes ruin the game? Share your thaughts in comments. #wct #TrumpVsMusk #Pakt $WCT {spot}(WCTUSDT)
🚨 Big News: Pakistan is Taking Steps Toward Adopting Crypto Legally! 🇵🇰💸

Pakistan is finally setting the stage for legal adoption of crypto and forming a crypto council — a major leap forward! 🙌
But before we celebrate too hard, let’s talk about the real next challenge: TAXATION. 📉📈

✅ If crypto becomes legal, that’s great for innovation, startups, and tech enthusiasts.
❗BUT... legality also means regulations, and yes — TAXES will follow.

Here’s what we should expect: 🔹 Capital Gains Tax on crypto profits
🔹 Withholding taxes on exchanges like Binance
🔹 Reporting of large crypto transactions
🔹 Possibly GST or service tax on transaction fees
🔹 Strict KYC/AML for all users

So yeah, legality sounds good — but traders need to be prepared. It won’t be the tax-free wild west anymore. If you're a regular trader, you’ll need to track profits/losses, maintain transaction history, and possibly even hire a tax advisor. 😅

💬 What do you think? Is legal crypto with taxes still a win for Pakistan? Or will taxes ruin the game?
Share your thaughts in comments.
#wct
#TrumpVsMusk
#Pakt

$WCT
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