US, UK, EU tighten crypto taxation! 💸
- Crypto sales in the US are subject to capital gains tax. Exchanges will report user data starting in 2025.
- Crypto sales in the UK are subject to tax of up to 24%. Mining revenues are also taxed.
- MiCA regulation in the EU to come into effect in 2025, increasing tax transparency. 📉
Crypto investors beware! ⚠️