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. 

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Source Fool.com