Crypto.com Has Released Tools To Improve The Cryptocurrency Taxation Process

On March 11, according to CoinDesk, Crypto.com announced a free service that seeks to reduce the difficulty of submitting your tax return via cryptocurrency. The new tool has the downloadable "Tax Revenue / Loss Estimation of Crypto Connections" for tax collection. Users can send exchange data by CSV file exchange and wallet or use API Sync. At first, this service was only available in Canada, but will be extended to other countries later.