Cryptocurrency Q&A

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KpopHarmonySoulMate KpopHarmonySoulMate Sat Mar 30 2024 | 6 answers 981

Do I need to declare crypto?

Good afternoon, I have a question about cryptocurrency. I've been investing in various cryptocurrencies for a while now, and I'm wondering if I need to declare these investments to the authorities. I understand that taxes are a necessary evil, but I'm not sure how the rules apply to crypto. Could you please explain?

Do I need to declare crypto?
SumoPower SumoPower Sat Mar 30 2024 | 7 answers 1970

What happen to my money in FTX?

I'm a concerned investor who has lost significant sums in FTX. What exactly happened to my money? Was it mismanaged or was there some form of fraud involved? I'm really struggling to understand how a company with such a reputable history could have allowed such a catastrophic loss of funds. What are the authorities doing to investigate this matter and ensure that it doesn't happen again? I'm feeling extremely frustrated and helpless, and I'm sure many other investors are feeling the same way. Please provide us with some clarity and direction on how we can proceed from here.

What happen to my money in FTX?
StormGalaxy StormGalaxy Sat Mar 30 2024 | 5 answers 1036

Can I buy a car with Bitcoin?

Excuse me, I'm quite new to this crypto world. Could you possibly enlighten me on whether it's feasible to purchase a car using Bitcoin? I've heard rumors about it, but I'm not entirely sure how it works or if there are any specific dealerships or platforms that accept this form of payment. Also, are there any potential risks or drawbacks I should be aware of before making such a purchase? Thank you in advance for your assistance.

Can I buy a car with Bitcoin?
CryptoVanguard CryptoVanguard Sat Mar 30 2024 | 6 answers 1128

Can I give my house to my son to avoid inheritance tax?

Good afternoon, I have a question about inheritance tax. I've heard that if I transfer ownership of my house to my son, it can help avoid inheritance tax. Is this true? And if so, are there any legal implications or potential risks I should be aware of? I'm just trying to plan ahead and make sure my estate is distributed as efficiently as possible while minimizing any tax burden for my family. Could you please provide some insight into this matter?

Can I give my house to my son to avoid inheritance tax?
Riccardo Riccardo Sat Mar 30 2024 | 5 answers 1322

Why did Binance get banned?

I'm curious, could you explain to me the reasons why Binance, a major cryptocurrency exchange, was banned? I've heard rumors about regulatory issues and compliance violations, but I'd like to hear a more detailed account from someone who has a deep understanding of the industry. Could you also discuss the potential impact this ban might have had on the cryptocurrency market and the millions of users who rely on Binance for their trading needs? Thank you for your time and expertise.

Why did Binance get banned?

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