Action Required: Bitfinex Demands Customer Tax Info, And They’re Sending it To Uncle Sam

On May 14, 2018, the cryptocurrency trading platform Bitfinex declared that users must disclose certain information for tax reporting purposes.  The exchange, which is based in the British Virgin Islands (“BVI”), announced that jurisdictional regulations require it to hand over certain financial information to the BVI government.  In turn, BVI officials “may” exchange that information […]