Absolutely. It definitely will be in a grey area. While international taxing authorities could technically audit folks - at least the ones who've submitted identity verification to the exchanges - it would be an enormous effort. And given any government agency, the manpower to do so likely isn't present.

Haha, you definitely should! But if you don't do too much crypto trading, I can't imagine the reportable income would be material. and correct, it's the same way in the states, but what a lot of people have misunderstood, is that selling bitcoin for another alt coin is still considered a taxable event. It's not just when you convert crypto to cash.

Keep us posted to see what your accountant says!