Hi I am new to bitcoin and just done my first $1k transfer and was wondering if anybody had better knowledge regarding legal concerns around bitcoin transfer.
I know that when wire transferring money over $10k to an international bank account, my bank automatically reports it to authority. I was wondering if the bitcoin exchange does the same and or if there is any limit in the transfer amount + any tax or legal issues I should be aware of. I am planning on transferring money back and forth internationally to a different account under a different name.
Thanks in advance.
