Composite General Counsel: FinCEN Wants To Change FBAR Rules To Allow Americans To Report Foreign Currencies Holding Cryptocurrencies

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01
2021-1-1 04:47
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Composite General Counsel Jake Chervinsky recently tweeted: “FinCEN has announced plans to change its Foreign Exchange and Financial Transactions (FBAR) reporting rules to allow Americans to publish foreign currencies containing cryptocurrencies . This does not apply to self-regulating devices, we will have to wait. ""

Composite General Counsel: FinCEN Wants To Change FBAR Rules To Allow Americans To Report Foreign Currencies Holding Cryptocurrencies

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