When people talk about crypto taxes, they often focus only on trading #BTC But assets like #PAXGOLD, a gold backed token, add another layer that many overlook. From a reporting standpoint $BTC  is usually treated as a digital asset with capital gains triggered on trades while $PAXG G can fall into a grey area where tokenized commodities may be taxed differently depending on jurisdiction.

This matters because the tax event isn’t just about price movement. It’s about what the asset represents. Swapping #Bitcoin into PAXG, earning yield, or redeeming tokenized assets can all create reportable events, even if your portfolio value doesn’t change much.

As crypto products get closer to real world assets, proper tracking, cost basis clarity, and understanding asset classification become just as important as market timing.