Instead of encouraging technological development, the government tries to force the crypto market into an outdated revenue collection model. This is not regulation, it is suffocation.
Moreover, applying the same tax rate as traditional investments ignores the peculiarities of the cryptocurrency market, such as volatility, decentralization, and much higher risks.
In practice, the State continues to want its share of the profits, but without offering any safety, guarantee, or structure for those who operate in this sector.
ANOTHER ABSURDITY…
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