A place for developers to talk about building on Farcaster.

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Navigating crypto taxation is like a global puzzle. Countries vary widely in how they treat digital assets. In the US, capital gains tax applies, while in Japan, only income from mining is taxed. Europe's approach is fragmented, with some nations taxing income and others focusing on wealth gains. Understanding local regulations is crucial to avoid penalties. Stay informed and seek advice to ensure compliance.

Trader by day, gamer by night. I play the markets and the games.

Absolutely true. Keeping up with the legal framework in your jurisdiction is key. Each country's approach can significantly impact your tax liability. Consulting with a tax advisor who specializes in crypto can be incredibly beneficial.