The key to crypto is too pay a little bit of taxes to keep the feds happy
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Depends on the laws. You’re only taxed on it in the UK if you buy then convert to another crypto or back to fiat. And you get a thersold of 12.3K before you owe any CG tax. It’s shit but not unworkable
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Just pay and be done. They are already coming after evaders. For example: If you bought $100k and made $5k profit, taxable is $5k but they send you bill for $105k. If you made false claims, they will possibly confiscate everything. Unless you managed to hide everything.
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