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An interesting conundrum and personally also I have a similar situation - in the future at least. It may well be worth looking at which exchanges are based in your particular country and see what the particular…

This is definitely an interesting conundrum and I’m sure a lot of people are thinking a similar thing. A lot will depend on taxes and cryptocurrency regulations where you reside. Certain countries are more beneficial re…

There is definitely a double edged sword issue with regulation . On the one side is helps to stop scams , but on the other there will most certainly be KYC/AML involved. Wherever and whenever there are regulators then…

Just wanted to follow up on that thread by @OmegaStarScream about "Bitcoin ATMs being shut down in the UK". So, I checked out the FCA (UK) site to see what the current rules and regulations are. Looks like they're…

Hi , if you move this over to the legal section of the forum , you’ll probably get some decent answers there. https://bitcointalk.org/index.php?board=74.0 Obviously every country’s tax laws are different , but hopefully…

WED NOV 19 BTC price HI:99,912.00 LOW :92,876.00 YOUR NAME :Mbitr Great idea and nice bit of fun. Good luck all

Go for it We really do need some legal people in this forum! If there’s any solicitors/ lawyers who are members of this forum, please raise your hand. I’m sure other members would be happy to collaborate on any of the…

This form may help - 8854 https://www.irs.gov/pub/irs-pdf/f8854.pdf I’m no US tax expert by any means, by have a look at this form- it may give you a few answers?

The US tax system is pretty unique and if you want to avoid paying any taxes in the US after you ‘leave’ you will have to pay an ‘exit tax’ to the IRS. If you are a citizen of the US, but living/working abroad your…

Maybe a mod could lock this thread - OP hasn’t been on the forum since 6th Oct ! If anyone is genuinely interested in opening a LLC and paying for the service with bitcoin ,then perhaps they can open a new thread ?

I’m sure you’ll enjoy your Bitcoin ride You can have a look at the first post in this thread and it will give you some of the basics https://bitcointalk.org/index.php?topic=1631151.160 Then you can look at getting some…

I think if you are going to gift some bitcoin, you need to do a bit of research yourself. Don’t worry and don’t panic The ‘credit stick’ you mentioned - probably an open dime is an off line storage device for bitcoin.…

I’ve given bitcoin to my own children and they are under strict instructions to HODL They are using a phone wallet at the moment. You should always make an off line produced paper wallet or something similar - possibly…

What age would the “minor” be ? You would have to think how responsible they are, what do they know about money in general , what do the know about Bitcoin ?? Definitely an introduction to how FIAT works and how Bitcoin…

Apologies, my knowledge doesn’t stretch that far and I’m not sure what your describing is that simple - there may be a lot of other factors involved. I’d advice seeking professional help, ie, an accountant. If I were…

I suppose, if the HMRC ever come back o you for past returns and ask for any evidence , then you can only give them whatever proof or evidence you have. Any proof of any buys, profits, losses , transactions will help…

Hi - hopefully I can help a bit . Here’s where you can find the “Guidance notes “ from 2014…

That would be taxable generally as capital gains tax I believe

The biggest question is whether the crypto gambling site is regulated ? There’s no clear cut answer , but if the gambling site is not regulated you can’t apply the normal fiat gambling HMRC rules. So it would be classed…

Done Hopefully you can give us some general feedback of the results in the future Good luck with your studies