{"id":4362,"date":"2020-10-12T10:20:28","date_gmt":"2020-10-12T07:20:28","guid":{"rendered":"https:\/\/alfacash.blog\/?p=4362"},"modified":"2024-02-19T21:53:07","modified_gmt":"2024-02-19T18:53:07","slug":"%e5%8a%a0%e5%af%86%e8%b4%a7%e5%b8%81%e6%94%af%e4%bb%98%e5%a4%84%e7%90%86%e5%99%a8%e6%b3%95%e5%be%8b%e7%a8%8e","status":"publish","type":"post","link":"https:\/\/alfacash.blog\/zh\/2020\/10\/12\/%e5%8a%a0%e5%af%86%e8%b4%a7%e5%b8%81%e6%94%af%e4%bb%98%e5%a4%84%e7%90%86%e5%99%a8%e6%b3%95%e5%be%8b%e7%a8%8e\/","title":{"rendered":"\u52a0\u5bc6\u8d27\u5e01\u652f\u4ed8\u5904\u7406\u5668\u5408\u6cd5\u5417\uff1f\u8fd8\u6709\u7a0e\u6536\uff1f"},"content":{"rendered":"\n<p>Accepting cryptocurrencies in your business or donations on your webpage it\u2019s usually full of advantages: <strong>for starting, anyone in the whole wide world would be able to send you fast and easy payments, the fees for all parts involved are very low<\/strong> and it also works as publicity, since the people inside the crypto-world are always looking for these kinds of business, where they feel welcomed.<\/p>\n\n\n\n<p>To date, there\u2019re some services (crypto-payment processors) with different features that can help you to accept cryptocurrency payments and even can offer you some additional tools, like statistics, reports, automatic transactions, or instant conversion to fiat money. It\u2019s easy, cheap, fast, convenient\u2026 but there still might be a little problem.<\/p>\n\n\n\n<p>Cryptocurrency payment processors are legal? Or even more, cryptocurrency payments are?<\/p>\n\n\n\n<p>We\u2019d wish to give you a single (and positive) answer, but the planet it\u2019s too big and divided for that. <strong>To sum it up: yes! In most of the world.<\/strong> But that \u201cyes\u201d could be accompanied by some variable conditions. Let\u2019s check a bit about it.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Country yes, country no<\/strong><\/h2>\n\n\n\n<p>There are around 195 countries in our era, so, if they all decided to make their own cryptocurrency regulation, it\u2019d be 195 ways to handle these financial instruments, as far as we know. Luckily, the laws tend to be more or less uniform per continent, with few exceptions.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"767\" src=\"https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/lady-justice-2388500_1280-1024x767.jpg\" alt=\"\" class=\"wp-image-4132\" srcset=\"https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/lady-justice-2388500_1280-1024x767.jpg 1024w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/lady-justice-2388500_1280-300x225.jpg 300w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/lady-justice-2388500_1280-150x112.jpg 150w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/lady-justice-2388500_1280-16x12.jpg 16w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/lady-justice-2388500_1280-240x180.jpg 240w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/lady-justice-2388500_1280-687x515.jpg 687w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/lady-justice-2388500_1280-678x508.jpg 678w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/lady-justice-2388500_1280-370x277.jpg 370w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/lady-justice-2388500_1280-554x415.jpg 554w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/lady-justice-2388500_1280-306x229.jpg 306w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/lady-justice-2388500_1280-327x245.jpg 327w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/lady-justice-2388500_1280-260x195.jpg 260w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/lady-justice-2388500_1280-87x65.jpg 87w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/09\/lady-justice-2388500_1280.jpg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n\n<p>As we explained before in <a href=\"https:\/\/alfacash.blog\/2020\/09\/07\/getting-rich-wrecking-most-popular-cryptocurrency-myths\/\" target=\"_blank\" rel=\"noreferrer noopener\">some cryptocurrency myths<\/a>, several countries have totally banned cryptocurrencies and others have restricted them in different ways. Be it one or the other, the list of countries where direct cryptocurrency payments are banned is short:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Algeria<\/li><li>Egypt<\/li><li>Morocco<\/li><li>Bolivia<\/li><li>Nepal<\/li><li>Pakistan<\/li><li>Russia<\/li><li>Vietnam<\/li><li>Indonesia<\/li><\/ul>\n\n\n\n<p><strong>And we can say even in these territories the regulation about cryptocurrencies is constantly changing<\/strong>. For now, the authorities from most of the countries have commented on the associated risks to the public, didn\u2019t banned the use of them, and are just watching and studying the development of <a href=\"https:\/\/alfacash.blog\/2020\/10\/01\/101-million-cryptocurrency-users-registered-new-study\/\" target=\"_blank\" rel=\"noreferrer noopener\">the cryptocurrency world<\/a>; preparing themselves to build future regulatory frameworks that suits best the needs of their citizens.<\/p>\n\n\n\n<p>Additionally, we should mention for sure that cryptocurrencies per se aren\u2019t affected by anti-money laundering [AML] laws in most of the world.&nbsp; However, if the transaction involves as well fiat money (USD, EURO, CNY, RUB\u2026), i.e. the exchange (buy and sell) for each other, all the pertinent legislations apply for those transactions, and, commonly, the crypto-exchange companies should ask for some kind of license to operate legally. That applies as well for payment processors.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Tricky thing: taxes<\/strong><\/h2>\n\n\n\n<p>Few countries have developed some kind of specific-cryptocurrency regulation, and it\u2019s usually for tax purposes. In those cases, we should consider especially the concept that the authority uses to label cryptocurrencies because the relevant regulations will depend on it.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/income-tax-4097292_1280-1024x682.jpg\" alt=\"\" class=\"wp-image-4370\" srcset=\"https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/income-tax-4097292_1280-1024x682.jpg 1024w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/income-tax-4097292_1280-300x200.jpg 300w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/income-tax-4097292_1280-150x100.jpg 150w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/income-tax-4097292_1280-18x12.jpg 18w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/income-tax-4097292_1280-270x180.jpg 270w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/income-tax-4097292_1280-770x513.jpg 770w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/income-tax-4097292_1280-762x508.jpg 762w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/income-tax-4097292_1280-773x515.jpg 773w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/income-tax-4097292_1280-370x247.jpg 370w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/income-tax-4097292_1280-554x369.jpg 554w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/income-tax-4097292_1280-306x204.jpg 306w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/income-tax-4097292_1280-368x245.jpg 368w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/income-tax-4097292_1280-260x173.jpg 260w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/income-tax-4097292_1280-87x58.jpg 87w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/income-tax-4097292_1280.jpg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Image by Steve Buissinne \/ Pixabay<\/figcaption><\/figure><\/div>\n\n\n\n<p><strong>For example, the U.S. Securities and Exchange Commission (SEC) strikes as security every blockchain token that works as an investment contract<\/strong>, promising eventual earnings to their holders. Accordingly, the issuer should have the appropriate license and the holder should pay their taxes <a href=\"https:\/\/alfacash.blog\/2020\/09\/25\/93-yield-farmers-reported-high-returns-investment\/\">per earning<\/a>. The tokens from Initial Coin Offerings (ICOs) are the most common in this category.<\/p>\n\n\n\n<p>On the other side, utility tokens \u2014those that weren\u2019t issued to offer future earnings but with other purposes, like mere means of payment\u2014 might strike as commodities, properties, digital currencies, or payment methods. The first two involve taxes, the last two usually don\u2019t. But, again, the last two are the weirdest legal state of cryptocurrencies around the world.<\/p>\n\n\n\n<p>Dr. Asress Adimi Gikay, Ph.D. Researcher at Sant\u2019Anna School of Advanced Studies (Italy), <a href=\"https:\/\/core.ac.uk\/download\/pdf\/214111642.pdf\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">shares a theory<\/a> about this with the author Eric Pacy:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cClassifying cryptocurrencies as commodities as opposed to money could aid in avoiding the application of anti-money laundering [AML] law (\u2026) In 2014, Pacy argued: \u2026regulators and scholars have been reticent to treat cryptocurrencies like Bitcoin as money, electing instead to attempt to fit this new technology into an existing regulatory framework as something other than money. By doing this, they create unnecessary complexity and sometimes absurd results\u201d.<\/p><\/blockquote>\n\n\n\n<p>To sum it up? <strong>One of the greatest disadvantages of accepting cryptocurrency payments in your business might be the potential taxes<\/strong> and the failure in choosing a regulated entity to process those payments.<\/p>\n\n\n\n<p>For example, you can find a case like this with the taxes: you received 2 BTC when the price where 9.000 USD per coin, but months after when it\u2019s time for you to fill your taxes, the price ascended to 10.000 USD per coin. That\u2019s technically an earning for you \u2014if you didn\u2019t exchange it immediately\u2014 and thereby might involve taxes. Every transaction with these characteristics might involve taxes per earnings, indeed.<\/p>\n\n\n\n<p>So, practical solutions could be two:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Use a regulated payment processor to handle the payments, and then exchange them immediately with a <a href=\"https:\/\/store.alfa.cash\/\" target=\"_blank\" rel=\"noreferrer noopener\">regulated exchange<\/a> as well (if the payment processor doesn\u2019t include the function).<\/li><li>Enjoy the regulation of your country\/territory where taxes for cryptocurrencies doesn\u2019t apply (most of the world, indeed).<\/li><\/ul>\n\n\n\n<p>From now on, <strong>you\u2019ll need to do your own local research and even consult with a lawyer if your business isn\u2019t precisely small.<\/strong> But a great clue that gives away if cryptocurrency payment processors are legal or not in your country is the fact that they offer (or not) the service for your country. Especially if is a regulated entity: then, don\u2019t worry, because they\u2019ll take care of current regulations for you.<\/p>\n\n\n\n<p>The regulations and not the taxes, please note. Regarding that, they just can help you with complete transaction history, reports, and statistics for you to calculate easily your taxes (if applicable); just like <a href=\"https:\/\/www.alfacoins.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">ALFACoins<\/a> service does.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Regulatory efforts on the way<\/strong><\/h2>\n\n\n\n<p>Cryptocurrencies are still very new in the world, so, they lack proper regulations in most territories. If a country doesn\u2019t have an explicit ban or law for them, they\u2019re legal and you can do anything you want with them (except for crimes, of course).<\/p>\n\n\n\n<p>Although, we can inform you there are <a href=\"https:\/\/alfacash.blog\/2020\/09\/22\/what-happened-september-cryptocurrency-world\/\" target=\"_blank\" rel=\"noreferrer noopener\">some regulatory efforts<\/a> on their way. Russia is making some amendments to their first cryptocurrency laws, but it doesn\u2019t seem it\u2019ll be possible soon to ask for cryptos inside the territory. Indeed, according to them, it\u2019s legal&nbsp;<a href=\"https:\/\/alfacash.blog\/2020\/08\/25\/cryptocurrency-mining-dummies-how-works\/\" target=\"_blank\" rel=\"noreferrer noopener\">to mine cryptocurrencies<\/a>, but not to receive remuneration for it (it\u2019s not clear if the tokens count as a reward, though).<\/p>\n\n\n\n<p>From <a href=\"https:\/\/alfacash.blog\/2020\/10\/09\/europol-labels-privacy-methods-cryptocurrencies-threats\/\" target=\"_blank\" rel=\"noreferrer noopener\">European Union<\/a>, there are some good reports about this, because they\u2019re aiming to create a new specific entity for the proper regulations of cryptocurrencies, while, at the same time, <strong>they\u2019re also working on a flexible&nbsp;legal framework&nbsp;to make the cross-border payments with cryptoassets easiest, faster and cheaper.&nbsp;<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"544\" src=\"https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/europe-3256079_1280-1024x544.jpg\" alt=\"\" class=\"wp-image-4371\" srcset=\"https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/europe-3256079_1280-1024x544.jpg 1024w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/europe-3256079_1280-300x159.jpg 300w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/europe-3256079_1280-150x80.jpg 150w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/europe-3256079_1280-18x10.jpg 18w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/europe-3256079_1280-270x143.jpg 270w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/europe-3256079_1280-770x409.jpg 770w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/europe-3256079_1280-956x508.jpg 956w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/europe-3256079_1280-900x478.jpg 900w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/europe-3256079_1280-370x197.jpg 370w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/europe-3256079_1280-554x294.jpg 554w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/europe-3256079_1280-306x163.jpg 306w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/europe-3256079_1280-260x138.jpg 260w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/europe-3256079_1280-87x46.jpg 87w, https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/europe-3256079_1280.jpg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Image by mohamed Hassan \/ Pixabay<\/figcaption><\/figure>\n\n\n\n<p>The United States also brought good news last month, because their legal authorities agreed to unify the regulatory framework for Fintech companies and crypto-firms.&nbsp;This means it\u2019ll be easier and less expensive for them to obtain a license.<\/p>\n\n\n\n<p>Following these efforts, other countries like Nigeria, Singapore, and South Korea are preparing new regulations, especially regarding the security tokens and AML laws for crypto-firms.<\/p>\n\n\n\n<p>For now, we can say that, according to CoinMap, there are almost 20k business all around the world accepting cryptocurrencies, and the figure it\u2019s just increasing. It seems like cryptocurrency payments and related services will be in our future.<\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center\"><em>Wanna trade\u00a0BTC, ETH,\u00a0and other tokens? You can do it<\/em>\u00a0<em>safely\u00a0<a href=\"https:\/\/www.alfa.cash\/buy\/bitcoin\" target=\"_blank\" rel=\"noreferrer noopener\">on Alfacash<\/a>! And don\u2019t forget we\u2019re talking about this and a lot of other things on our social media.<br><br><\/em><a href=\"https:\/\/twitter.com\/alfacash_crypto\" target=\"_blank\" rel=\"noreferrer noopener\">Twitter<\/a>\u00a0*\u00a0<a href=\"https:\/\/t.me\/AlfacashCommunity\" target=\"_blank\" rel=\"noreferrer noopener\">Telegram<\/a>\u00a0*\u00a0<a href=\"https:\/\/www.instagram.com\/alfacashstore\" target=\"_blank\" rel=\"noreferrer noopener\">Instagram<\/a> * <a href=\"https:\/\/www.youtube.com\/channel\/UCOl4fdRHj8AseQ5b6z9udaw\" target=\"_blank\" rel=\"noreferrer noopener\">Youtube<\/a>\u00a0*<a href=\"https:\/\/www.facebook.com\/alfacashstore\" target=\"_blank\" rel=\"noreferrer noopener\">Facebook<\/a>\u00a0\u00a0*\u00a0<a href=\"https:\/\/vk.com\/alfacashcrypto\" target=\"_blank\" rel=\"noreferrer noopener\">Vkontakte<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u5728\u60a8\u7684\u4f01\u4e1a\u4e2d\u63a5\u53d7\u52a0\u5bc6\u662f\u5426\u5408\u6cd5\uff1f\u901a\u5e38\u662f\u7684\uff0c\u4f46\u662f\u60a8\u5e94\u8be5\u8003\u8651\u4e00\u4e9b\u72e1\u733e\u7684\u6cd5\u5f8b\u56e0\u7d20\u3002<\/p>","protected":false},"author":5,"featured_media":4372,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_ef_editorial_meta_date_first-draft-date":"","_ef_editorial_meta_paragraph_assignment":"","_ef_editorial_meta_checkbox_needs-photo":"","_ef_editorial_meta_number_word-count":"","footnotes":""},"categories":[50],"tags":[61,119,142,118,120],"class_list":{"0":"post-4362","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-analysis","8":"tag-cryptocurrencies","9":"tag-european-union","10":"tag-payments","11":"tag-regulations","12":"tag-united-states"},"featured_image_src":"https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/\u0421ryptocurrency-payment-processors.png","author_info":{"display_name":"Isabel P\u00e9rez","author_link":"https:\/\/alfacash.blog\/zh\/author\/isabel\/"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.9 (Yoast SEO v27.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Are cryptocurrency payment processors legal? And the taxes? - alfa.cash blog<\/title>\n<meta name=\"description\" content=\"Is it legal to accept cryptos in your business? Mostly yes, but there are some sly legal factors you should consider.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/alfacash.blog\/zh\/2020\/10\/12\/\u52a0\u5bc6\u8d27\u5e01\u652f\u4ed8\u5904\u7406\u5668\u6cd5\u5f8b\u7a0e\/\" \/>\n<meta property=\"og:locale\" content=\"zh_CN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Are cryptocurrency payment processors legal? And the taxes?\" \/>\n<meta property=\"og:description\" content=\"Is it legal to accept cryptos in your business? 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