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Why do a lot of governments tax Cryptocurrencies in the same way as Shares?

All Cryptocurrencies

by COINS NEWS 136 Views

I'm not sure if this has been asked before. Cryptocurrencies are generally unregulated and have a lack of regulatory protections; they are generally considered a very risky asset class. For example, there is no legal protection for losses of funds from cryptocurrency exchanges if they get hacked or go out of business. So why do a lot of governments tax them in the same way as shares for example, which are much more heavily protected and generally lower risk?

It just seems a bit unfair.

(I'm from the UK)

submitted by /u/krievins
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