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This Utah Startup Just Raised $100 Million To Solve Cryptocurrency’s Looming Tax Problem
This Utah Startup Just Raised $100 Million To Solve Cryptocurrency’s Looming Tax Problem
PayPal backs crypto tax startup Taxbit
US crypto firms invest in tax solutions as IRS updates reporting forms Coinbase Ventures, PayPal Ventures and Winkelvoss Capital have all invested in cryptocurrency tax automation software provider TaxBit.
PayPal's (PYPL) venture capital arm, PayPal Ventures, along with Coinbase Ventures and Winklevoss Capital, have made new investments on TaxBit, a cryptocurrency tax automation software, according to a news release. PayPal was advancing by more than 1% in recent trading.
