It's favourable for the Governments to adopt rules to tax crypto profits and benefit from the crypto market, Cryptocurrency is here to stay and no reason to ignore it. 

Some Governments around the Globe, specially the ones who have intentions to adopt the Blockchain Technology and want to benefit from, are planning to Tax crypto and treat it as "regular income", like South Korea, that will cut an expensive 20% in the crypto gains from their residents.

It's not comprehensive how this "cut" in crypto gains will work but one thing is not friendly... the percentage of all gains is extremely expensive!

The authorities of course want to benefit from this taxes in crypto but also, must give the citizens to be able to pay the same ones, if they start abusing to benefit from it, crypto users and traders will start getting distance from crypto Firms.

I believe that they could charge the tax but moderate how much to pay, if the bill is low and friendly, there will be more people in need to look to crypto in those countries, but if they are abusive, of course people will run away or start avoiding to pay them!

Let's look the huge tax bill the Bithumb Crypto Exchange paid $69 Million😱 that took the Firm to open a Court case trying to null it, as they consider it very Expensive.

Each Country with own Rules...noted, but, favourable ones are much appreciated!