I must state here that unless the bill gets approved, one should be extremely cautious about dealing in cryptocurrencies and if they do deal, then one should be completely transparent about the holdings with tax officials. I heard a story today from my accountant, a story I cannot vouch for, that one of his clients went to prison for not declaring cryptocurrency holdings/capital gains.
This is scary and governments should get their s***t together ! It is so difficult as an honest citizen to navigate and understand what to do to conform to the law !
This is not normal, we should have an easy accessible framework to understand how to comply.
Good article mate.