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Re:Crypto lobbying is going ballistic by traeregan on Wednesday December 08, 2021 @10:20AM (#29485780)
> use a lending aggregator that is constantly polling many lending sources and moves my money to the best source of yield regularly

If you live somewhere where cryptocurrency gains are taxed as income, how do you handle the reporting of this at tax time? It seems like it would be tedious to keep track of every transaction across multiple defi platforms.

Re:Crypto lobbying is going ballistic by lui8906 on Friday December 10, 2021 @06:51AM (#29508819)
> If you live somewhere where cryptocurrency gains are taxed as income, how do you handle the reporting of this at tax time? It seems like it would be tedious to keep track of every transaction across multiple defi platforms.

It's so country by country right now due to how early we are. Tax rules will be more clearly defined assuming Web3 and DeFi continue to be adopted over time.