With crypto’s growing popularity, tax authorities are paying more attention to digital assets. This article explains how crypto taxation works and what you need to know about reporting your gains.

• How Crypto Is Taxed: Explain the basics of crypto taxation, including capital gains tax and how transactions such as buying, selling, trading, and staking may trigger taxable events.

• Keeping Records for Tax Purposes: Provide tips on how to track crypto transactions using software like CoinTracking or Koinly to simplify tax reporting.

• Crypto Tax Regulations Worldwide: Discuss the differences in crypto tax laws in countries like the U.S., the UK, and Germany, and the penalties for failing to report crypto income.