The country’s regulatory possibilities are still on the table, notwithstanding a failed attempt at tax regulation.
The opposition party offered both laws, although the dominant party has yet to introduce any legislation. Despite this, the government continues to focus on cryptocurrency taxation.
While the minister did not set a timeline for the regulation’s adoption, he seemed to be adamant about its implementation soon. While reasonable regulation is usually good, many people are concerned that the government will take a hard line. However, because the government intends to develop its regulations, it is too soon to say which path it will choose.