During the past year, a lot of people have become involved in trading cryptocurrency. Many people seem to be making huge profits just by trading and investing in different cryptocurrencies.
Image source: http://www.crypto-news.net/bitcoin-history-2008-to-2009/
Many people are also using cryptocurrencies for tax evasion because most countries don't have any rules and regulations regarding cryptocurrency. According to expert Dr Garrick Hileman, tax authorities will be getting more involved in the taxation of cryptocurrencies in 2018.
South Korea have already started regulating cryptocurrencies and soon Russia and Germany will follow too.
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