AIM

Here at Phanex, we specialize in buying/purchasing cryptocurrency in bulk from investors/holders in locations with stable crypto systems and re-sell to potential buyers experiencing difficulty in buying crypto assets due to restrictions, tax, or unfavorable government conditions in different regions. Cryptocurrency, the fastest rising digital asset is posed with different restrictions owing to government regulations and taxation. The Phanex black market campaign offers cryptocurrency exchanges and investors an OTC opportunity to collaborate and find reputable suppliers with large quantities of Crypto for sale thereby building relationships with other players in the cryptocurrency market such as miners and large scale investors.

INSIGHTS

Crypto assets that can be used as instruments of payment have proliferated into more than 10,000 variants since the 2009 debut of Bitcoin, the first and still the largest. The bewildering speed with which they have developed and the pseudonymity they can provide have left tax systems playing catch up. we discuss how governments can address the emerging challenges of taxing these crypto assets while its use is still limited so that they prevent a leakage in tax revenue and protect the integrity of the tax system. Classifying crypto Views of crypto assets are diverse and held with passion. The prospect of liberating financial transactions from oversight by governments and the involvement of financial institutions is a libertarian dream for some. El Salvador and the Central African Republic have gone so far as to adopt Bitcoin as legal tender. Critics, however, see crypto assets as not merely inherently worthless but a front for crime, scams, and gambling. They also point to their dizzying volatility. Bitcoin, for instance, soared from $200 a decade ago to nearly $70,000 in 2021 before plunging to just over $60,000 today.