FinCEN plans to change its rules to allow Americans to report foreign currencies holding cryptocurrencies.

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. ""

FinCEN plans to change its rules to allow Americans to report foreign currencies holding cryptocurrencies.

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Composite General Counsel: FinCEN Wants To Change FBAR Rules To Alert US On Offshore Crypto Accounts
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 have to wait. ""
2021-1-1 04:47