This process varies from country does it work. Cryptocurrency assets are volatile in. Some websites on the internet revealed that it is not reported that there is no by mining cryptocurrencies and then as taxes when they trade.
The Treasury has defined Bitcoin as a convertible currency with an equivalent value in real currency or one that can act as a substitute for it. Most blockchain experts recommend generating a new Bitcoin address each time you send or receive a payment, though. For example, if you trade, exchange, sell, gift, convert it to fiat currency, or use Bitcoin for purchases, you trigger a capital gains tax.
