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Your 'Stay-Out-of-Jail-Free' Card: Navigating the $10K+ Transaction Reporting Law

Unravel the complexities of the IRS and FinCEN's 6050I rule mandating reporting of $10k+ crypto transactions! 2024 ushers in the new reporting requirements for those receiving payments in the form of digital assets and this session explores the broad implications for trade, compliance hurdles, and strategies for accurate reporting. What does this mean for privacy and the crypto industry? Learn about the challenges of information collection in the decentralized crypto space, the ambiguity in reporting mechanisms, and practical insights to avoid legal pitfalls. Stay ahead in the crypto world by understanding and complying with these pivotal regulations.
Date
March 2, 2024
Time
12:20 pm
Location
Trident Stage
Building
#BUIDLHub
Format
Presentation
Track
Identity, Privacy & Security
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