As we all know, Cryptocurrency is a digital/virtual currency. It does not rely on the banks to verify every transaction made. If you are in the world of information and technology (IT), you can easily determine that Cryptos are made of different decentralized networks combined or enforced by different computers which do not have any regulatory agencies that monitor every movement or there is no government interference. Because of this, people may earn a large amount of money without paying the corresponding taxes made in using the crypto. Since there is no government interference, I may take it as an opportunity to earn more while not declaring the right amount of income in my income tax return. This is the main reason why I am interested in using/investing in cryptocurrencies