Cryptocurrency Benefits for Corporations
Considerations for Corporations Investing in Crypto
By Rob Massey Global US Tax, Deloitte
In May 2023, Deloitte hosted a Dbrief Webcast on considerations for corporations investing in cryptocurrency. The webcast covered topics such as the benefits of cryptocurrency for corporations, the risks associated with cryptocurrency investments, and the tax implications of cryptocurrency transactions. Deloitte and blockchain data platform Chainalysis have also announced a strategic partnership to enhance cryptocurrency compliance and risk management solutions for financial institutions. The partnership will combine Deloitte's deep industry knowledge and consulting capabilities with Chainalysis's leading blockchain data platform to provide tailored solutions that help financial institutions navigate the complex and evolving cryptocurrency landscape.
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