Bitcoin$85,631.00BTC▲ 0.53%
Ethereum$2,699.13ETH▲ 0.34%
Solana$120.32SOL▲ 0.86%
XRP$1.50XRP▲ 0.73%
BNB$782.98BNB▼ 0.51%
Dogecoin$0.0951DOGE▲ 0.91%
Toncoin$1.54TON▲ 2.40%
Cardano$0.2713ADA▲ 2.78%
Sui$1.19SUI▲ 0.22%
Avalanche$11.45AVAX▲ 5.11%
Chainlink$13.91LINK▲ 0.81%
TRON$0.3362TRX▼ 0.07%
Polkadot$1.20DOT▲ 0.83%
NEAR$5.10NEAR▲ 2.02%
Litecoin$69.55LTC▼ 1.27%
Arbitrum$0.2010ARB▼ 1.11%
Optimism$0.1321OP▼ 1.55%
Uniswap$8.64UNI▼ 2.74%
Pepe$0.00000429PEPE▼ 2.04%
Shiba Inu$0.00000583SHIB▼ 0.55%Bitcoin$85,631.00BTC▲ 0.53%Ethereum$2,699.13ETH▲ 0.34%Solana$120.32SOL▲ 0.86%XRP$1.50XRP▲ 0.73%BNB$782.98BNB▼ 0.51%Dogecoin$0.0951DOGE▲ 0.91%Toncoin$1.54TON▲ 2.40%Cardano$0.2713ADA▲ 2.78%Sui$1.19SUI▲ 0.22%Avalanche$11.45AVAX▲ 5.11%Chainlink$13.91LINK▲ 0.81%TRON$0.3362TRX▼ 0.07%Polkadot$1.20DOT▲ 0.83%NEAR$5.10NEAR▲ 2.02%Litecoin$69.55LTC▼ 1.27%Arbitrum$0.2010ARB▼ 1.11%Optimism$0.1321OP▼ 1.55%Uniswap$8.64UNI▼ 2.74%Pepe$0.00000429PEPE▼ 2.04%Shiba Inu$0.00000583SHIB▼ 0.55%60 stories
No single US crypto exchange disclosure form exists. What an exchange must provide depends on its SEC, CFTC, FinCEN and state licenses. More rules apply.
By Vahe HakobyanRead
AML screening is how US crypto exchanges check customers and transactions for money laundering, while FinCEN enforces the Bank Secrecy Act rules.
By Vahe HakobyanRead
Proof of reserves shows an exchange held customer crypto at one point in time, but it is not proof of solvency and it can leave out hidden liabilities.
By Vahe HakobyanRead
The CFTC regulates crypto derivatives and polices spot-market fraud, but it does not register spot exchanges or insure customer funds in the US.
By Vahe HakobyanRead
The SEC regulates crypto assets that count as securities, not all crypto. It also reviews ETF applications and enforces fraud cases against platforms.
By Vahe HakobyanRead
Verify a crypto exchange's state availability with its state list, your regulator's license lookup, and the signup result. Licenses are state specific.
By Vahe HakobyanRead
Giving crypto is not a taxable sale and receiving it as a gift is not income, but a large gift may trigger US gift tax and a return to the IRS.
By Vahe HakobyanRead
US states regulate crypto businesses differently through crypto-specific licenses, money transmitter laws, or no regime at all. Enforcement varies too.
By Vahe HakobyanRead
A crypto tax lot is a recorded acquisition with its own cost basis and date. Each buy, swap, or income receipt usually starts a separate lot for US taxes.
By Vahe HakobyanRead
Schedule D totals your crypto gains and losses from a supporting capital gains form. Each crypto sale needs proceeds, cost basis and holding period.
By Vahe HakobyanRead
Crypto businesses that transmit convertible virtual currency for others need a state money transmitter license, through NMLS or New York's BitLicense.
By Vahe HakobyanRead
Stablecoins are taxed as property, so selling, swapping, or spending them can trigger tax. Moving them between your own wallets is usually not taxable.
By Vahe HakobyanRead
Selling, swapping, spending, or earning crypto is taxable, but buying and holding is not. US federal tax returns ask a digital assets question.
By Vahe HakobyanRead
Your gain is what the sale brought in minus the fair market value at receipt, which becomes your cost basis and starts the holding period for that token.
By Vahe HakobyanRead
Exchange fees affect your crypto cost basis when they belong to a buy or a sale. Buy fees usually add to your basis; sell fees usually cut your proceeds.
By Vahe HakobyanRead
Track your cost basis when crypto sits in multiple wallets by combining every account's history into one master record and reconciling it for IRS reporting.
By Vahe HakobyanRead
Reconcile transfers between your own wallets by matching dates, amounts, transaction IDs and addresses, then keep accurate fee and basis records.
By Vahe HakobyanRead
You prepare a crypto tax history by putting every exchange, wallet, and DeFi transaction into one list, then reporting gains and income to the IRS.
By Vahe HakobyanRead
Form 8949 is the IRS form you use to report crypto sales, swaps and payments, with totals carried to Schedule D for the capital gains tax calculation.
By Vahe HakobyanRead
Form 1099-DA is the IRS form brokers send for crypto sale proceeds. It reports gross proceeds from tax year 2025, not buying, holding, or your gain.
By Vahe HakobyanRead
No single US crypto exchange disclosure form exists. What an exchange must provide depends on its SEC, CFTC, FinCEN and state licenses. More rules apply.
By Vahe Hakobyan
AML screening is how US crypto exchanges check customers and transactions for money laundering, while FinCEN enforces the Bank Secrecy Act rules.
By Vahe Hakobyan
Proof of reserves shows an exchange held customer crypto at one point in time, but it is not proof of solvency and it can leave out hidden liabilities.
By Vahe Hakobyan
The CFTC regulates crypto derivatives and polices spot-market fraud, but it does not register spot exchanges or insure customer funds in the US.
By Vahe Hakobyan
The SEC regulates crypto assets that count as securities, not all crypto. It also reviews ETF applications and enforces fraud cases against platforms.
By Vahe Hakobyan
Verify a crypto exchange's state availability with its state list, your regulator's license lookup, and the signup result. Licenses are state specific.
By Vahe Hakobyan
Giving crypto is not a taxable sale and receiving it as a gift is not income, but a large gift may trigger US gift tax and a return to the IRS.
By Vahe Hakobyan
US states regulate crypto businesses differently through crypto-specific licenses, money transmitter laws, or no regime at all. Enforcement varies too.
By Vahe Hakobyan
A crypto tax lot is a recorded acquisition with its own cost basis and date. Each buy, swap, or income receipt usually starts a separate lot for US taxes.
By Vahe Hakobyan
Schedule D totals your crypto gains and losses from a supporting capital gains form. Each crypto sale needs proceeds, cost basis and holding period.
By Vahe Hakobyan
Crypto businesses that transmit convertible virtual currency for others need a state money transmitter license, through NMLS or New York's BitLicense.
By Vahe Hakobyan
Stablecoins are taxed as property, so selling, swapping, or spending them can trigger tax. Moving them between your own wallets is usually not taxable.
By Vahe Hakobyan
Selling, swapping, spending, or earning crypto is taxable, but buying and holding is not. US federal tax returns ask a digital assets question.
By Vahe Hakobyan
Your gain is what the sale brought in minus the fair market value at receipt, which becomes your cost basis and starts the holding period for that token.
By Vahe Hakobyan
Exchange fees affect your crypto cost basis when they belong to a buy or a sale. Buy fees usually add to your basis; sell fees usually cut your proceeds.
By Vahe Hakobyan
Track your cost basis when crypto sits in multiple wallets by combining every account's history into one master record and reconciling it for IRS reporting.
By Vahe Hakobyan
Reconcile transfers between your own wallets by matching dates, amounts, transaction IDs and addresses, then keep accurate fee and basis records.
By Vahe Hakobyan
You prepare a crypto tax history by putting every exchange, wallet, and DeFi transaction into one list, then reporting gains and income to the IRS.
By Vahe Hakobyan
Form 8949 is the IRS form you use to report crypto sales, swaps and payments, with totals carried to Schedule D for the capital gains tax calculation.
By Vahe Hakobyan
Form 1099-DA is the IRS form brokers send for crypto sale proceeds. It reports gross proceeds from tax year 2025, not buying, holding, or your gain.
By Vahe Hakobyan
