CRYPTO TAXES. WHO WILL PAY THEM?

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Europe is working out a scheme of crypto taxes – the European Central Bank thought about the identification of participants in transactions with the cryptocurrency. To do this, it is necessary to regulate transactions and impose taxes on them, said the governor of ECB, Ewald Nowotny. In his opinion, the users of cryptocurrencies should also pay value-added tax. Otherwise, there is a possibility that the absence of restrictions on cryptocurrency will lead to money laundering. Earlier Nowotny argued that crypto-currencies do not threaten the world financial system. The ECB head, Mario Draghi, said that there is no authority to regulate cryptocurrencies.

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