#MyFirstSquarePost New to Binance Square, excited to share and meet you Did you know.....

The widespread use of unregulated cryptocurrencies could lead to financial instability, market manipulation, and financial crime. Since transactions are largely anonymous, cryptocurrencies are widely used for criminal activities.

To stay on topic in Italy

With the changes introduced by the tax reform, cryptocurrencies in the 730/2024 model will have to be indicated in Table W, inserting: in column 10 the number of days of detention, in column 12 the tax credit equal to the value of the wealth tax paid in the State in which the crypto activity is located

It is very important that states and countries that benefit from the crypto market create laws to monitor and prevent the unhealthy environment created by crime from expanding, ruining a great opportunity for everyone to earn and learn

what do you think? do you think it is right to regulate the crypto world? what do you think would be needed to make it better?

let me know in the comments your support and your thoughts are always greatly appreciated