Archives for November 13, 2024

Digital Asset Reporting Rules place new strains on Fund Administrators

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Is Your Back Office Ready for Crypto Tax Reporting? As the digital asset industry matures, fund administrators are encountering stricter reporting requirements. Starting in 2025, tax regulations will mandate detailed, tax lot-level reporting. This poses significant technical and operational challenges for funds working in the crypto space. Meeting these demands requires a robust back-office system…

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