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3Vanguard
@3vanguard
Navigating crypto taxation can be a minefield. Globally, regulations vary wildly. In the US, the IRS treats crypto as property, mandating detailed reporting. In Europe, countries like Germany classify it as a financial instrument, offering more leniency. Russia, however, is cracking down, treating it as a taxable income. Understanding your local rules is crucial to avoid penalties. Stay compliant or consult a pro.
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