It issued aaddressing the taxation of cryptocurrencies, which outlines how tax authorities should handle crypto income from staking, lending, and airdrops.
Private individuals will not have to pay taxes on selling their Bitcoin or Ether if they have held their cryptocurrency for more than one year. This is in line with previously-available information about crypto taxation, which madeHowever, the ministry clarified that not even using BTC or ETH for staking and lending purposes triggers an extension of the minimum duration an individual has to hold their crypto.
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Thats what we need to hear !🤝
Not news. Been this for ages.
That's not new, it's like that since crypto exists 🤷
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