[majidawan]

Six ways to regulate cryptocurrency without killing it

1. Clear up the tax situation
   Blockchains don’t work without a token, and tokens need to be traded in and out of fiat (government backed currencies like the US dollar). This means there will always be a chance to profit (in fiat terms), so HMRC needs to clarify its stance.In the US, the 2018 tax law clarified when you should pay capital gains on crypto. One big change: crypto-to-crypto transactions are now taxable events.

Read full articlehttp://www.wired.co.uk/article/six-ways-to-regulate-cryptocurrency-without-destroying-its-future