Tagged: Blockchain Transactions

Chainalysis Comments on US Proposed Tax Regulations which Outlines Information Reporting Obligations for Crypto Exchanges

September 23, 2023 @ 10:42 am By Omar Faridi |

Roger M. Brown, the Global Head of Tax Strategy at Chainalysis, notes that on August 25, 2023, the U.S. Internal Revenue Service released proposed regulations that would require domestic and foreign exchanges and other types of “brokers” who “effect sales” of digital assets to (1) collect… Read More

Read more in: Blockchain & Digital Assets, Opinion, Politics, Legal & Regulation | Tagged Blockchain Transactions, brokers, chainalysis, crypto-assets, digital assets, digital transactions, insights, internal revenue service, irs, perspective, tax, tax reporting, taxation, taxes, united states, us

$107 Billion+ in Value Received by East Asian Cryptocurrency Addresses, which is 77% More than Western Europe: Report

August 21, 2020 @ 6:51 pm By Omar Faridi |

Blockchain security firm Chainalysis reports that East Asia is home to the world’s largest cryptocurrency market. It reportedly accounted for more than 30% of all digital currency transactions during the past year. As mentioned in Chainalysis’ latest report: “East Asia-based addresses have received $107 billion… Read More

Read more in: Blockchain & Digital Assets, Asia, Global | Tagged bitcoin, Blockchain Transactions, btc, chainalysis, crypto trading, crypto-assets, digital assets, institutional investors, Research Report