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Thursday, December 31, 2020

FinCEN Wants US Citizens to Disclose Offshore Crypto Holdings of $10K+

The rule change would appear to bring FBAR rules around crypto holdings in line with cash held outside the U.S. by citizens or other U.S. persons.

source https://www.google.com/url?rct=j&sa=t&url=https://finance.yahoo.com/news/fincen-wants-us-citizens-disclose-215220660.html&ct=ga&cd=CAIyGjBkZWE0Yjc3NzNlM2I2MDQ6Y29tOmVuOlVT&usg=AFQjCNEFZzFUHT27HH-xUo2xOxT8A-TBqw

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