Cryptocurrency Q&A

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SamuraiCourageous SamuraiCourageous Sat Mar 30 2024 | 5 answers 1251

Can I deposit 100k cash in the bank?

Good day, I am inquiring about depositing a significant amount of cash, specifically 100,000, into a bank account. I understand that such transactions might raise some questions or concerns, and I am prepared to provide any necessary documentation or information to facilitate the process. Could you please advise me on the steps I would need to take to deposit this amount, as well as any potential fees or limits that may apply? Thank you for your time and assistance.

Can I deposit 100k cash in the bank?
ethan_thompson_journalist ethan_thompson_journalist Sat Mar 30 2024 | 6 answers 1007

Does KuCoin report to HMRC?

Excuse me, could you please clarify if KuCoin reports to HMRC? As a UK-based crypto exchange, I'm wondering if they are following the tax regulations set by the Her Majesty's Revenue and Customs. I understand that cryptocurrency transactions can be taxable, so it's important to ensure that KuCoin is reporting these transactions accurately. Could you provide some insight into this matter? Thank you.

Does KuCoin report to HMRC?
ZenBalance ZenBalance Sat Mar 30 2024 | 7 answers 1856

Why i can't buy crypto with Santander?

I'm really puzzled. Why can't I buy cryptocurrency with Santander? I've been a loyal customer for years, and I've always trusted their services. But when I tried to purchase some crypto using their platform, I was met with a wall of rejection. Is there a specific reason for this? Or is it just Santander's policy not to deal with cryptocurrencies? If so, why? I'm really interested in crypto and see it as a potential investment opportunity. It would be great if Santander could provide some clarity on this matter.

Why i can't buy crypto with Santander?
Elena Elena Sat Mar 30 2024 | 8 answers 2126

Is South Korea tax free?

Excuse me, I'm a bit confused about taxes in South Korea. I've heard some people say that South Korea is tax-free, but I'm not sure if that's true. Could you possibly clarify this for me? I'm particularly interested in investing in cryptocurrencies and want to make sure I understand the tax implications. Is there a specific tax rate for cryptocurrency transactions or investments in South Korea? And are there any other tax-related considerations I should be aware of? Thank you for your time and assistance.

Is South Korea tax free?
Michele Michele Sat Mar 30 2024 | 5 answers 1296

Do I have to pay tax on crypto UK?

I'm a bit confused about taxes and cryptocurrencies. Do I have to pay tax on crypto in the UK? I've been hearing different things, and I'm not sure what the actual rules are. I know crypto is a bit of a grey area, but I want to make sure I'm doing everything legally. Can you explain how taxes work with crypto in the UK? Do I need to declare every transaction, or only when I convert it to fiat currency? And what about taxes on crypto mining or staking? Any help would be greatly appreciated!

Do I have to pay tax on crypto UK?

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