Q: Can I still trade in crypto currency while I study at a university in the states.will it affect my visa.
I earn 11 dollars a day. I would if allowed obviously spend it in the states
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A:
As an international student in the United States, engaging in cryptocurrency trading generally won't affect your visa status, provided you comply with all relevant laws and regulations. Your primary concern should be maintaining your full-time student status and adhering to the terms of your visa.
However, it's important to be aware of tax implications. Income generated from trading, including cryptocurrency trading, is taxable in the U.S. You should report any income to the Internal Revenue Service (IRS), including gains from cryptocurrency.
Since regulations surrounding cryptocurrencies can be complex and are subject to change, staying informed about current laws is crucial. This includes understanding any restrictions or reporting requirements that may apply to international students.
If you have concerns or uncertainties about how your activities might affect your visa status or tax obligations, it would be wise to consult with a legal professional or a tax advisor. They can provide specific advice based on your individual circumstances and ensure you remain compliant with U.S. laws.
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