New Software Introduced for Easy Tax Calculations
Following the approval of spot Bitcoin and Ethereum exchange-traded fund (ETF) in Hong Kong, the former director of Bitmain and his team have introduced FinTax, an innovative software built to simplify tax reporting for crypto assets. This solution is highly valuable due to the complexity surrounding crypto transactions and the lack of clear rules from tax authorities. This latest development is necessary in the cryptocurrency sector, where the demand for efficient tax solutions is rising.