Taxbit news and trends

Today in Crypto: Blockchain Platforms Pilfer Big Tech Execs to Build Web3; Crypto Tax Prep...
Cryptocurrency // February 23, 2022

Tech execs from companies like Google or Facebook have been exiting their jobs in favor of crypto companies, CNBC reported Wednesday (Feb. 23). Blockchain companies like Polygon and Circle have reaped the benefit in hiring some of those people. The hook has been the prospect of...

Bitcoin Daily: Ukraine Shuts Alleged Crypto-Laundering Network; Crypto Tax, Accounting Software Firm TaxBit Nets $130M
Bitcoin // August 12, 2021

The Security Service of Ukraine (SBU) has shut down several cryptocurrency exchanges that were being used since the beginning of this year to anonymize transactions, Bleeping Computer reported. There were over 1,000 fake customers who used those exchanges in order to launder money received from...

PayPal Leads Investment In Crypto Tax Automation Startup TaxBit
Investments // January 07, 2021

Cryptocurrency tax automation software startup TaxBit said it has received a new round of funding led by new investors PayPal and Coinbase Ventures, along with existing backer Winklevoss Capital.  The new funding by major FinTech players helps to “reinforce the importance” of the role that...

Bitcoin Daily: Korean Commission Suggests Allowing FIs To Offer Crypto; China’s OneConnect Platform Supports New...
Bitcoin // January 07, 2020

China’s Guangdong province has launched a blockchain financing platform for small and medium-sized businesses, backed by OneConnect, a Chinese FinTech recently listed on the New York Stock Exchange, according to a press release.  OneConnect used Guangdong’s “digital government” tech resources, as well as its own...

Quick Reads
TaxBit and Taina Partner on Gig Economy Onboarding, Tax Reporting

July 08, 2024
Tax compliance solution providers TaxBit and Taina Technology have teamed up to help digital marketplaces with their onboarding and reporting needs related to gig workers. Designed for users in the United States and other countries, the new solution offered by this partnership is designed to help digital marketplaces navigate the global regulatory landscape, the companies […]

Today in Crypto: Blockchain Platforms Pilfer Big Tech Execs to Build Web3; Crypto Tax Prep...

February 23, 2022
Tech execs from companies like Google or Facebook have been exiting their jobs in favor of crypto companies, CNBC reported Wednesday (Feb. 23). Blockchain companies like Polygon and Circle have...

Bitcoin Daily: Ukraine Shuts Alleged Crypto-Laundering Network; Crypto Tax, Accounting Software Firm TaxBit Nets $130M

August 12, 2021
The Security Service of Ukraine (SBU) has shut down several cryptocurrency exchanges that were being used since the beginning of this year to anonymize transactions, Bleeping Computer reported. There were...

PayPal Leads Investment In Crypto Tax Automation Startup TaxBit

January 07, 2021
Cryptocurrency tax automation software startup TaxBit said it has received a new round of funding led by new investors PayPal and Coinbase Ventures, along with existing backer Winklevoss Capital.  The...