Use Facebook's cryptocurrency Libra or be taxed in two categories

According to Techcrunch, Facebook recently provided technology media TechCrunch with information on how its Libra cryptocurrency will remain legal in order to counter the allegations that President Trump can promote illegal behavior. In terms of taxation, Facebook and the Libra Association expect Libra to be subject to a business tax and capital gains tax, where the business tax is generated exactly the same as today's credit card payments, and because Libra is designed to be a relatively stable currency, capital gains Taxes can be very small. In anti-money laundering anti-fraud, Facebook is negotiating with local convenience stores and money changers to ensure that anti-money laundering checks are conducted when users use the currency to buy and sell Libra.