Questions tagged [crypto]

Leonardo Fri Mar 29 2024 | 7 answers 1380

I'm a bit confused about taxes and cryptocurrencies. I've been investing in some crypto assets recently, and I'm wondering if I need to pay tax on them in Australia. Could you please explain how the tax system works in this regard? Do I need to declare my crypto holdings or transactions when filing my tax return? And what about the potential capital gains or losses from crypto trading? How are they taxed? Thank you for your help.

EnchantedNebula Fri Mar 29 2024 | 6 answers 1200

I've been hearing a lot about cryptocurrencies lately, and I'm curious about investing in them. But before I do, I want to make sure I'm not breaking any laws. Is it illegal to buy crypto in the UK?" The questioner seems to have a basic understanding of cryptocurrencies and their potential for investment, but is cautious about the legality of such transactions in the UK. They may be worried about potential legal consequences or want to ensure they are acting within the bounds of the law before making any decisions. This is a common concern for those new to the crypto world, as the legal landscape can be complex and changing. The questioner's tone is inquisitive and respectful, indicating that they are seeking information and clarification, rather than challenging or disputing any facts. They are also expressing a willingness to abide by the law, which is an important aspect of responsible investing.

CherryBlossomPetal Fri Mar 29 2024 | 6 answers 1061

Cryptocurrency theft has become a hot topic in recent years, as hackers and cybercriminals target the vast wealth stored in digital wallets. Given the volatile and anonymous nature of the crypto world, thefts can be extremely difficult to track and prevent. But what is the largest crypto theft ever recorded? Was it a targeted attack on a major exchange or a simple case of carelessness? Was the stolen crypto ever recovered, or is it still floating around in the digital ether? These are just some of the questions that surround this intriguing and often-overlooked aspect of the crypto universe.

benjamin_stokes_astronomer Fri Mar 29 2024 | 7 answers 1457

Hey there, I've been hearing a lot about cryptocurrencies lately and I'm really interested in getting into it. But I'm a bit confused about wallets. Should I put all my crypto in a wallet? Won't that make me a target for hackers or something? And what kind of wallet should I choose? A hardware wallet or a software wallet? I'm really not sure what to do. Can you help me out here? I'd really appreciate it.

BlockchainVisionary Fri Mar 29 2024 | 6 answers 1163

Good afternoon, I have a question regarding HSBC's position on cryptocurrencies. As a long-standing customer, I've noticed the bank's cautious approach towards this emerging asset class. I understand that cryptocurrencies have their own risks and volatilities, but I'm interested to know if HSBC has any plans to offer more crypto-friendly services in the future? Maybe through partnerships with crypto exchanges or the provision of secure crypto custody solutions? Thank you for your time.