TaxBit, a crypto tax software provider for IRS and various institutional clients, raised $130 million in a Series B funding round that valued the startup at $1.33 billion. CEO Austin Woodward discusses the potential impact of the infrastructure bill on crypto tax reporting and how his platform is helping "solve the problem of tax and accounting for the digital economy." "We'll be working with regulators to find a middle ground that makes sense for the entire [crypto] industry to progress," Woodward said.
#cryptocurrency #digitalfinance #finance #bitcoin #crypto
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