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Cryptocurrency and Tax Implications The world of cryptocurrency has exploded in popularity over the past decade, evolving from a niche interest for tech enthusiasts into a significant global phenomenon. Millions of individuals and institutions now buy, sell, trade, and use cryptocurrencies like Bitcoin, Ethereum, and countless altcoins. As the adoption of digital assets grows, so too does the attention from tax authorities worldwide. Understanding of your cryptocurrency activities is not just a matter of compliance; it is essential for navigating this complex lands