Why must cryptocurrency pay tax?

[Bobcrypto]

Crypto tax payments will definitely takes long to be effective because crypto is still very young in my opinion. Tax payments has been ones of the reasons while SEC and other government agencies are fighting to regulate the digital money at all cost. I think tax payments is not a bad idea but to regulate crypto for the purpose of tax plus other reasons will remain a big issue because crypto is decentralized.

[Fenix]

In my opinion, it is no secret that states and their governments are not very good at decentralized cryptocurrency. They cannot control her and therefore governments will always be suspicious of her. If we do not pay tax on profits in cryptocurrency, then governments are very pleased to use this pretext to limit or even prohibit its circulation. Therefore, if we want to freely use cryptocurrency and make our profit, we will have to pay a tax.

[Andruha1993]

Perhaps the government wants cryptocurrency regulation to destroy crypto altogether, since this is a lot of competition for banks. Or the government just wants to make money on holders of crypto assets.

[Ta.Form]

Any company, including digital currency companies such as exchanges, is required to pay taxes. Because it is the company's right. In any country, you must pay taxes if you want to establish a company. You must have a permit. it is natural for countries to tax digital currency companies.