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IRS Ramps Up Cryptocurrency Reporting Compliance in 2021 by Lewis Taub, CPA


Posted on July 29, 2021 by Lewis Taub

According to the U.S. Treasury, the cryptocurrency market capitalization in April 2021 reached more than $2 trillion. Today, there are approximately 4,000 virtual currencies, such as Bitcoin (BTC), Etherium (ETH), Tether (USDT) and Dogecoin (DOGE), stored and traded on more than 8,600 cryptocurrency exchanges around the world, including Kraken and the largest exchange, Coinbase, which […]