The best way to resolve this problem would be to break the category “digital assets” up into three types: stable digital assets (stablecoins and LTDA), non-stable fungible coins (bitcoin, ether, dogecoin, etc) and non-stable non-fungible coins (NFTs). The monetary threshold for triggering a Form 8300 reporting requirement, currently set at a flat $10,000, should be indexed to the type of digital asset.
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure London Stock Exchange Group (LSEG) has launched...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure According to Bloomberg, Ant Digital Technologies has...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Japan Post Bank is moving toward a...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A Bitcoin-focused company based in Paris wants...
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple has teamed up with Japan’s Web3...
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