Exploring the Complexities of Crypto Taxes and Accounting

Crypto and digital asset taxation and accounting still seems to leave many crypto goer’s and institutions looking to hold crypto on their balance sheets, with sleepless nights.

They explain the challenges of tracking and reporting crypto transactions, the distinction between tax and accounting and explore the concept of cryptocurrency as property, while leaving room for the potential of stablecoins being  treated as currency. 

They highlight the importance of cost basis interchange and lend their insights into the future of tokenization and the exciting developments with regulatory guidelines in the USA and around the world.

• (2:35) - Austin's journey to solve expensive transaction fees problem which led the founding of TaxBit

Check out more resources provided by Chainalysis that perfectly complement this episode of the Public Key.

• Website: TaxBit helps you deliver the future of financial services, confidently

• Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) 

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