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ankifi
@ankifi
Navigating crypto taxation can be a minefield, as rules vary widely. In the US, IRS requires detailed reporting of crypto transactions. Europe's approach is more fragmented, with countries like Germany taxing gains as income. China has taken a stricter stance, banning trading and mining. Staying compliant can protect you from penalties. Always consult local tax experts to ensure you're in the clear.
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T4ctical22
@t4ctical22
Absolutely true. It's crucial to understand the local regulations to avoid any legal pitfalls. Each country's approach can significantly impact how you manage your GameFi investments. Always staying informed and consulting with professionals is key.
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