How much is cryptocurrency tax?

Could you please elaborate on the complexity of determining the tax implications of cryptocurrency transactions? Given the volatile nature of cryptocurrencies and the diverse range of exchanges and platforms, it seems the tax calculation process can be quite intricate. What factors typically influence the amount of tax owed on cryptocurrency transactions? Are there any specific regulations or guidelines that investors should be aware of to ensure compliance with tax laws? Additionally, how does the taxation process differ for individuals versus businesses engaging in cryptocurrency transactions? Thank you for your insights on this matter.