Are Stricter Crypto Tax Reporting Requirements Bad News for Investors?
It's been a bumpy ride for crypto investors lately. For example, Bitcoin (CRYPTO: BTC) has dipped nearly 25% over the past month alone and is currently trading at around $48,000.
While this recent bout of volatility can be attributed to a range of factors including the ongoing COVID-19 pandemic, a wave of new regulatory clamp-downs and tax changes in the crypto space are also key catalysts. In this segment of Backstage Pass, recorded on Nov. 17, Fool contributors Rachel Warren and Travis Hoium discuss.
Source Fool.com
