The future of cryptocurrency tax regulations looks uncertain, according to Roger Brown, Head of Global Tax at Chainalysis. In a recently released “Know Your Crypto Compliance” Episode uploaded to YouTube, Brown expressed his doubts in terms of the potential fallout of events leading up to 2022. The current regulation has remained relatively unchanged, but Brown suggests that this may not be the case in coming years.

Brown highlighted the changing landscape of cryptocurrency taxation, which has become especially complex in light of the current downturn in the market. While the state of any single user’s holdings may vary depending on the nature of the assets and their investigation, Brown believes that the profit-to-loss ratio in today’s market makes the application of the tax code difficult.

Brown argue that the events of 2022, however disruptive they may be, will influence the shape of the future tax regime, addressing issues like the calculation of capital gains and losses. He concluded that the unfolding crisis of 2022 will likely have a long-term effect on cryptocurrency taxation, requiring adjustments to accurately adhere to the law.



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