Another area of legal risk for cryptocurrency investors has to do with holding virtual currencies in foreign accounts. Under the Bank Secrecy Act, U.S. ...
from Google Alert - cryptocurrency https://ift.tt/3hVr3w4
Home » CryptoNews » FinCEN Seeks to Establish FBAR Requirement for Cryptocurrency Accounts in 2021
FinCEN Seeks to Establish FBAR Requirement for Cryptocurrency Accounts in 2021
By spyke_spurs • May 27, 2021 • CryptoNews • Comments : 0
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Crypto officially becomes a "third category" of property, fixing the fatal flaw in digital asset ownership.
A gold Bitcoin coin and a gold Ethereum coin displayed on a Union Jack flag in. Cover art/illustration via CryptoSlate. Image includes com...

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