Over time all tax loopholes/escapes that the blockchain/cryptos offer will be targeted and closed. Know your customer will be mandatory, open reporting from exchanges will be demanded, privacy coins will be demonized and targeted. The governments don't really mind the blockchain, but they do mind people avoiding taxes, and as the old saying goes, nothing is guaranteed in life but death and taxes.
RE: South Korea's major cryptocurreny exchanges raided by police, tax authorities
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South Korea's major cryptocurreny exchanges raided by police, tax authorities
Certainly agree - however the cat and mouse game continues for now. Decentralized exchanges like OpenLedger will be difficult to stop. Reminds me of pirate bay. https://coinmarketcap.com/currencies/obits/
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