[Translation] The cryptocurrency tax guidelines leave more questions than answers.

※This article is about the tax systems in the United States and the United Kingdom. Please note that there are differences from Japan.

For a long time, cryptocurrency owners have wrestled with the obligation to pay taxes. Such fiduciary duties have become complicated largely due to the tax authorities.

They are several steps behind in technology and are now scrambling to catch up. The updated tax guidelines from the U.S. and U.K. tax authorities were finally released this year.

However, the initial relief felt by conscientious Bitcoin owners quickly faded. Because, upon careful reading, the guide left many questions about cryptocurrencies unanswered.