The U.S. government is moving rapidly to create a Global Cypto-currency and Block chain regulatory Agency. This week. the new “National Cryptocurrency Enforcement Team (NCET) Agency under President Biden directive, is coordinating with Global financial institutions and foreign governments to develop coordinated plan to track, monitor and restrict financial translations if they are illegal activities.
Don’t get scammed into thinking Cryptocurrency is not risky – Your Cryptocurrency assets will soon be monitored, tracked and are subject to crime actions. including tax evasion regardless of your Nationality.
If you own Cryptocurrency you should expect to pay taxes on any earnings as if it would a stock. Transaction fees maybe coming as well as penalties for unfavorable transactions that governments do not approve.
https://www.thestreet.com/investing/biden-government-coming-to-regulate-your-bitcoin