Crypto.com has recently forged strategic partnerships with renowned tax service providers, Koinly and TokenTax, to revolutionize the tax support services available to its users. Global Enforcement of Crypto Tax Laws With the global surge in cryptocurrency adoption, nations worldwide are enforcing regulations mandating the declaration of tax information pertaining to digital assets. For instance, the Internal Revenue Service (IRS) in the United States necessitates the inclusion of cryptocurrency holdings in tax declarations, mirroring similar obligations in various other regions. Crypto.com's collaborative efforts with leading tax service providers seek to simplify the procedure of disclosing crypto assets across diverse jurisdictions through their advanced tax software solutions. Embracing Innovative Tax Support Solutions Through these alliances, users can conveniently retrieve their crypto transaction records from Crypto.com on the platforms of Koinly and TokenTax to generate essential tax documents. While Crypto.com's current tax services will cease, the company anticipates partnering with fresh entities to cater to users' tax requirements. Advantages of Aligning with Koinly and TokenTax Koinly presents users with a comprehensive tool for computing and enhancing cryptocurrency taxes in over 20 countries. Conversely, TokenTax operates as both a software hub and a full-spectrum accounting agency, supplying users with a specialized team of CPAs and EAs for efficient tax filing procedures. Seamless Tax Preparation with TokenTax Users can swiftly prepare their Crypto.com taxes with TokenTax in three straightforward phases - importing their digital wallets, securely importing their complete transaction history from Crypto.com, validating the accuracy of the data, and exporting the necessary documents for tax season with the help of a proficient crypto tax accounting firm. The strategic alliances with Koinly and TokenTax underscore Crypto.com's dedication to delivering seamless and dependable tax support services to its expanding user community, ensuring adherence to evolving crypto tax statutes.