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Tokenized Stocks Expose a Major Tax Reporting Gap in Crypto—Robin Singh
22.7.2025
As platforms like Robinhood and Gemini roll out tokenized stocks, will crypto tax reporting finally catch up with TradFi? Koinly’s Robin Singh says a day of reckoning is coming
IRS Crypto Tax Reporting Requirements Stir up Mass Confusion
4.1.2025
Some in the crypto community assumed the IRS was backpedaling on reporting requirements, but all requirements are still firmly in place, the agency simply announced a grace period for exchanges to upgrade their technology. IRS Grants Crypto Exchanges More Time to Implement Platform Upgrades...
Australia Seeks Public Input on Crypto Tax Reporting
22.11.2024
The Australian Treasury has invited public feedback on implementing the Organization for Economic Cooperation and Development (OECD)’s crypto asset reporting model. Tackling Crypto-Linked Tax Evasion The Australian Treasury has invited the public to comment on options for the country’s...
Netherlands Starts Consulting on Crypto Tax Reporting Bill
25.10.2024
The Netherlands launched a consultation on Thursday on a bill that would require crypto services to share their users' data with tax authorities
Netherlands seeks input on crypto tax monitoring laws to align with EU
25.10.2024
The Dutch government wants to align its data collection rules for crypto service providers with the rest of the EU, saying it would “create more transparency.”
Netherlands seeks input on crypto tax monitoring laws to align with EU
25.10.2024
The Dutch government wants to align its data collection rules for crypto service providers with the rest of the EU, saying it would “create more transparency.”
AI agents could be policing all crypto txs within 5 years: Chainalysis CEO
20.9.2024
Chainalysis CEO Michael Gronager believes “it’s not much further away” before governments use AI agents to catch onchain crypto wrongdoers
Coin Center Wins Right to Sue U.S. Treasury, IRS Again Over Controversial Tax Reporting Rule
19.8.2024
Crypto think tank Coin Center will get another shot at suing the U.S. Treasury Department over what it says is an “unconstitutional” amendment to the tax code that would require Americans to disclose the details of certain crypto transactions to the Internal Revenue Service (IRS)
Treasury and IRS Announce Digital Asset Tax Reporting Regulations
30.6.2024
The U.S. Department of the Treasury and the IRS have released final regulations for tax reporting on digital asset sales, as part of the Biden-Harris administration’s implementation of the Infrastructure Investment and Jobs Act. Additionally, the Treasury and the IRS revealed that they anticipate...
Crypto Custody Firm Fireblocks Adds ‘One-Click’ Audits, Tax Reporting
20.6.2024
Software from Web3 accounting company Tres works with a wide range of digital asset networks, and can be integrated with accounting software such as QuickBooks, Xero and NetSuite
Swiss leaders plan to enforce global crypto reporting framework
16.5.2024
Switzerland plans to adopt global standards for crypto tax reporting, joining the Crypto-Asset Reporting Framework (CARF) to improve transparency
IRS Releases Draft Tax Form for Digital Assets — Expert Raises ‘Major Privacy and Security Concerns’
21.4.2024
The U.S. Internal Revenue Service (IRS) has released a draft tax Form 1099-DA for reporting digital asset proceeds from broker transactions. Brokers, including unhosted wallet providers, are required to report proceeds from digital asset dispositions to the IRS. A crypto tax expert has highlighted...
Canada To Adopt International Standard For Crypto Tax Reporting – Here’s What That Means
19.4.2024
Canada is set to implement the International Crypto-Asset Reporting Framework (CARF) for crypto tax reporting by 2026, as per the country's 2024 budget. The move will place new obligations on Canada crypto service providers, such as exchanges and ATM operators, to report transactions and customer...
IRS Halts Enforcement of $10K Crypto Tax Reporting Rule Pending Further Regulation
17.1.2024
Source: Adobe / dennizn The US Treasury Department and Internal Revenue Service (IRS) have announced that businesses are not required to report the receipt of digital assets in the same manner as cash until specific regulations are issued. The decision by the two federal agencies comes in response...
New US Crypto Tax Law, SEC Still Processing BTC ETFs, Saylor Buys More BTC, and More — Week in Review
7.1.2024
The U.S. introduces stringent tax reporting laws for transactions over $10,000, while the SEC grapples with a backlog of paperwork for pending spot Bitcoin ETFs. Meanwhile, Michael Saylor sells Microstrategy shares to increase his bitcoin holdings, and CNBC’s Jim Cramer hails Bitcoin as...
New Crypto Tax Law Takes Effect in US: Transactions of $10,000 or More Must Be Reported to IRS Within 15 Days
3.1.2024
A new tax reporting law has entered into force in the U.S. Starting on Jan. 1, all Americans receiving $10,000 or more in crypto in the course of their trade or business must file a report with the Internal Revenue Service (IRS) within 15 days. “If you don’t file a report within...
Crypto Investors Beware: IRS Crypto Tax Reporting Rules for $10k+ Transactions Now in Effect
2.1.2024
The controversial crypto tax reporting requirements within the bipartisan infrastructure bill signed into law in 2021 are now in effect as of January 1. These new Internal Revenue Service (IRS) rules mandate that cryptocurrency brokers report personal information on digital asset transactions over...
Crypto Accounting and Tax Reporting Platform TRES Raises $11M to Add New Blockchains
20.12.2023
TRES currently services clients with combined assets worth $19 billion, helping them manage, monitor and reconcile their digital asset activity across over 100 layer-1 and layer 2-blockchain networks
This Supreme Court Case and IRS Broker Rule Together Could Redefine Crypto Taxation
4.12.2023
Source: DALL·E A critical Supreme Court case and its ruling could redefine the taxation of digital assets. Intersecting with the vexed IRS broker rule announced earlier, this case may potentially reshape crypto tax reporting and compliance on a fundamental level. The case in question, Moore...
Crypto Loans Platform Nexo Integrates Koinly to Ease User Tax Obligations
1.12.2023
Source: iStock Images Nexo, a lending platform that provides instant crypto loans, has partnered with Koinly to simplify user’s tax reporting. Effective November 30, 2023, the collaboration enables Nexo users to easily generate tailored crypto tax reports. A company statement said that...