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Dual Citizenship Taxes Explained: Essential Tips for US ExpatsWhat cryptocurrency transactions are taxable. In most countries, citizens need to pay tax on cryptocurrency capital gains � a fee on the profit that a person. Crypto investors can diversify and benefit of dual citizenship: explore how second citizenship can help with the changing crypto ecosystem. �It also doesn't matter if they are dual citizens; if they are U.S. citizens, they owe U.S. tax on their worldwide income.� This is why.