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RE: Crypto and Government - Challenges and Growth Prospects

in LeoFinance • last year

30% tax on crypto income is huge. Governments are not helping in doing that. Let's hope there will be favorable changes in the future. I also believe that the number of people going into crypto will increase over time, even when governments try to do things to discourage or stop us. We can always find a work around.

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         last year 

        You are right that 30% is huge and because of this, the crypto community is struggling. The adoption is good despite these hurdles and may be in the future govt consider this and do some correction.

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