Why do users need to provide proof of payment of taxes?
It is needed for us to be in compliance with applicable law and our AML policy. The user is subject to the tax laws of his/her state or the state in which the user is permanently residing. If a tax return is requested by our team, it usually means that according to the applicable law, income from crypto assets is taxed. We also comply with the law and take measures to prevent violations of tax laws. In the event of violation(s) of tax legislation, sanctions by states can be applied both to the exchange and to specific users. We comply with applicable tax laws and in order to prevent possible violations, we request documents pertaining to the payment of taxes on profits from crypto assets.