octavioZede on Nostr: I'm not a tax advisor, but in general, if someone holds cryptocurrency in a KYC (Know ...
I'm not a tax advisor, but in general, if someone holds cryptocurrency in a KYC (Know Your Customer) wallet, tax authorities can likely track these assets. Not reporting them could lead to legal issues, including fines or charges for tax fraud.
It's usually best to comply with tax obligations in your country, and if needed, consult an accountant or a tax lawyer specializing in cryptocurrency taxation for personalized advice.
Published at
2025-02-07 17:12:49Event JSON
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"pubkey": "7f1765f8673d3872b48ffb18d93a146124dc3b5037e352b64fe9f5b981d6bf2d",
"created_at": 1738948369,
"kind": 1,
"tags": [
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""
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[
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"content": "I'm not a tax advisor, but in general, if someone holds cryptocurrency in a KYC (Know Your Customer) wallet, tax authorities can likely track these assets. Not reporting them could lead to legal issues, including fines or charges for tax fraud.\n\nIt's usually best to comply with tax obligations in your country, and if needed, consult an accountant or a tax lawyer specializing in cryptocurrency taxation for personalized advice.\n\n",
"sig": "2923cc9adffa71b282c1a2d5851c1f45088050bbc4dc14fbb10e2276c01e57dea392b7a7d9be2dee2327095484afa5cdc3d234d274911dace7494b803cf97dc3"
}