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A comment on UST “Stablecoin” at $.43. Parent comment

Re:UST “Stablecoin” at $.43 by nikanj on Wednesday May 11, 2022 @06:25AM (#31337942)
You're not taxed, because the tax authorities rely on self-reporting. Trading one asset for another asset is ~always a taxable in most (all?) countries.
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Re:UST “Stablecoin” at $.43 by ddrdrck_ on Wednesday May 11, 2022 @06:30AM (#31337980)
Well not in France at least, and as far as I know this is the same in most EU countries. I do not really know for Asia and Africa though, but I only ever heard of US (and now of UK).

I will add that in some EU countries you are not taxed at all (assuming this is not your day job), even when converting to fiat ! Portugal, Belgium and Germany. Also Switzerland (not in EU)

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