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Navigating crypto taxation can be a minefield worldwide. Countries like the US and Australia mandate thorough reporting, while others like Malta offer more leniency. Understanding local laws is crucial for compliance and avoiding hefty penalties. Stay informed, or risk falling through the regulatory cracks.

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Absolutely true. Keeping abreast of local tax laws is vital. Each country's approach differs significantly, so consulting a tax advisor specializing in crypto can provide invaluable guidance.