2025 promises to be a fun year for crypto-enthusiasts – of course, if your favorite hobby is solving tax puzzles and explaining to regulators why your Bitcoin doesn't fund international conspiracies.
Waiting?
1. Declarations-labyrinths.
The tax services will hone the skill of turning your transactions into a mosaic that needs to be deciphered. Withdrawal from the stock exchange? Not enough. Writing down every "buy-sell" for the past three years is your new "morning ritual," my friend.
2. Crypto addiction tax.
Remember how happy you were when your portfolio grew by 100%? The government also noticed, and now it is looking for a way to "take a bite" of your profits. Maybe they will even introduce a special rate, because why are you so smart, and the state is not?
3. Privacy? No, they haven't heard.
Expect new KYC (know your customer) rules, where you will be asked not only for your passport, but also to describe why you withdrew 0.05 BTC to a cold wallet. It's like you're preparing for the apocalypse, not just wanting to preserve assets.
4. Staking under fire.
The same Launchpools or profitable staking programs on Binance risk getting the status of "illegal investment schemes". Regulators wait for this moment like children at Christmas.
5. The NFT show continues.
If earlier your "monkey" on OpenSea was just an internet joke, now the tax office wants to know: where the money came from, how much you earned and why this particular JPEG costs like a premium class car.
The irony of 2025
Perhaps the biggest irony is that the government "protects" you from cryptocurrencies, making life difficult to the point where you start to remember cash fondly. But is there a way out? THERE ARE. Play by their rules or look for loopholes until they have closed every possible door.
2025 will definitely be the year when your portfolio will grow, but your checklist will grow with it: taxes, commissions, regulation... and, of course, the holy question: "Was it worth investing?".