SkylitEnchantment
Fri Jun 07 2024
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6 answers
1206
Is crypto legal in Mexico?｜México does not have an express prohibition on rendering services or operations with virtual assets. Therefore, any person may carry out operations with virtual assets as long as such operation does not fall under any prohibited assumption by the applicable legislation .
Could you please clarify the legality of cryptocurrencies in Mexico? It seems that México doesn't explicitly prohibit offering services or conducting transactions with virtual assets. Does this mean that anyone can engage in transactions with crypto assets as long as they don't violate any specific legal provisions? Would it be accurate to say that cryptocurrencies are legal in Mexico as long as they comply with the existing legal framework?
Stefano
Fri Jun 07 2024
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6 answers
1225
Is blockchain legal in Japan?｜In Japan, . The legal status of tokens under Japanese law is determined based on their functions and uses. For example, cryptocurrencies and utility tokens such as BTC, ETH, etc. are regulated as Crypto Assets under the Payment Services Act (the PSA).there is no omnibus regulation governing blockchain-based tokens
Is blockchain technology considered legal in Japan? And if so, how does Japanese law categorize and regulate tokens such as cryptocurrencies like BTC and ETH? Are they subject to any specific legal frameworks or guidelines, or is there a general legal framework that oversees blockchain-based tokens? Given that there's no omnibus regulation governing blockchain tokens, what kind of legal status do they enjoy in Japan?
amelia_jackson_environmentalist
Fri Jun 07 2024
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6 answers
915
What is the crypto tax loophole in Canada?｜Canada has a few tax breaks that crypto investors will be interested in. : You'll only pay Capital Gains Tax on half your capital gains. You can calculate this in a couple of different ways, but the easiest way is to add up all your capital gains and then halve the amount.Only half your crypto gains are taxed
Could you please elaborate on the crypto tax loophole in Canada? I've heard that Canada offers certain tax incentives to crypto investors. For instance, is it true that investors only pay Capital Gains Tax on half of their capital gains? If so, how does this calculation work? Is it simply adding up all the capital gains and then dividing the total by two? I'm quite curious about how this loophole works and how it benefits crypto investors in Canada.
Nicola
Fri Jun 07 2024
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6 answers
1303
Is crypto legalized in Dubai?
Could you please clarify for me the legality of cryptocurrencies in Dubai? I've heard conflicting information about whether or not they are officially recognized and regulated in the emirate. As a finance professional, I'm keen to understand the legal framework surrounding this topic in Dubai. Are there any specific regulations governing the use, trading, and storage of crypto assets in the country? Furthermore, is it possible for individuals and businesses to engage in crypto-related activities without violating any laws? Your insights would be greatly appreciated.
SamuraiBrave
Fri Jun 07 2024
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6 answers
1546
How to take out millions in crypto?｜Before you can cash out your cryptocurrency, you need to. You can then either transfer ("cash out") the funds to your bank, or leave them in your cash balance for future crypto purchases. There's no limit on the amount of crypto you can sell for cash.sell it to your Coinbase cash balance
How do I withdraw millions in cryptocurrency? Before I can cash out my crypto holdings, what steps should I take? Do I need to complete any verification processes? Should I transfer the funds directly to my bank account, or keep them in my cash balance for future investments? Is there a limit on the amount of crypto I can sell for cash? Could you please explain how the process works, specifically selling crypto to my Coinbase cash balance?
