@Eybyoung 12 May 2021 more from that month

Indonesia is eying to tax crypto gains.. They don't allow cryptocurrency as legal tender but will allow it as trading commodities. According to them, if users generate gains it means it can give them income, so taxpayers should pay tax on their crypto gains. Info Source: https://forkast.news/indonesia-eyes-crypto-trade-tax-as-sector-heats-up/?utm_source=coingecko&utm_medium=coingecko&utm_campaign=coingecko&utm_content=coingecko&utm_term=coingecko Maybe the tax percentage on capital gains is bigger than the tax percentage if they will legalized cryptocurrencies as legal tender? What do you think? Government is tax hungry, isn't it? Lol. Or they just don't want fiat will be replaced by crypto wherein they don't have any control because it is decentralized. #CryptoNews