Thank you very much for the clarification. Yes, the assumption is that my cousin will generate some income on crypto he had borrowed since he is pretty savvy with it, but that's understandably on his side to report.
I just wanted to make sure that the AFR ruling does NOT apply in case of crypto lending from my side. And just to make sure, that is also true in case of lending stablecoins (USDC for instance) in spite of them being pegged to a fiat, correct?
