There are many countries and governments that are now trying to profit from the world of cryptocurrencies and the best way to do that is to implement taxes on earnings in cryptocurrencies.
In a recent article, Australia calls on all its citizens to make sure to report their earnings on the crypto market, estimating that more than 600,000 Australians are invested in the crypto market.
This is a start for people to know that the earnings they make from cryptocurrencies are not tax-exempt.
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