Crypto tax reports in minutes, not hours. 5,000+ integrations. 35+ jurisdictions. Powered by @KryptosConnect | https://xitter.cf/t.co/OhWfPUX2kA
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Holding VELO? Each one upgrades to 0.044 new AERO, and veVELO locks become sAERO. Nothing converts automatically and the upgrade is one way.
Claim your rewards and rebases first. Anything left unclaimed can't be recovered.
Then save the date, tokens in, tokens out and both tx hashes (it starts on OP Mainnet and lands on Base). Some countries treat a swap like this as a disposal, so you'll want that record when you file.
Staking with @P2Pvalidator is now part of Kryptos, on @solana, @monad, @SuiNetwork, @Aptos and @HyperliquidX.
Each reward you earn is logged in your portfolio with its date, so it's already there at tax time.
If you're in France and swap BTC into USDC or EURC, this one matters.
On Oct 16 the Assemblée nationale voted 38-37 to end the tax deferral on swaps into MiCA e-money tokens from Jan 1, 2027. Gains on those swaps would fall under the 31.4% flat tax.
It isn't law yet, and the rest of the 2027 budget process can still change or drop it.
The same text moves to a weighted average cost per coin, so keep a clean record of what you paid for each coin from now on.
🚨FRANCE MOVES TO TAX CRYPTO-TO-STABLECOIN SWAPS AT 31.4%!
French lawmakers have approved a proposal to tax gains on crypto-to-stablecoin conversions at the 31.4% flat rate starting in 2027.
The measure would treat swaps into MiCA-regulated stablecoins as taxable events. Under the current rules, tax is deferred until conversion to fiat.
For example, buying Bitcoin for €30,000 and later swapping it for €70,000 in stablecoins would trigger roughly €12,560 in tax on the €40,000 gain.
If you missed crypto on old US returns, this bill is worth following.
H.R. 10357 would set up a crypto voluntary disclosure program. If you certify it wasn't willful and file early, the penalty is 0% on the first $25K of tax owed per year. You still pay the tax and interest.
It passed House Ways & Means 38-5 on Sept 16. It still needs the full House, the Senate and a signature.
The slow part will be rebuilding 2021 from exchanges that may not exist anymore, so pull those CSVs now.
Still sweating over crypto trades you forgot to report a few years back? If you file taxes in the US, you are definitely not alone in losing sleep over past mistakes.
Lawmakers in Washington are looking at a bill right now that could finally give US taxpayers a clean slate. The Digital Asset Tax Certainty Act would let you file amended returns with zero penalties on up to $25k in owed taxes per year, as long as it was an honest mistake.
It already passed a key House committee with big bipartisan support, but it still has to clear the rest of Congress before it becomes official. Keep an eye on this one if your past returns need sorting.
$10B+ is sitting in crypto lending vaults now.
The APY is the easy number to find. At tax time you also need every deposit, withdrawal and reward, and the rules for vault tokens differ a lot from country to country.
Kryptos Tax pulls in your DeFi activity and sorts it into tax events for you.
South Korea's crypto tax start date so far: 2022, then 2023, then 2025, then 2027. Now a ruling party bill points to 2029.
Whenever it starts, the first filing is a lot easier if your trades are already in one place. You can start tracking them in Kryptos Tracker now.
BTC and ETH right next to your stocks at Schwab, for ~40M clients.
Still got coins on an exchange or an old wallet too? Connect them to Kryptos and see it all in one place, tax report included.
JUST IN: $13 trillion Charles Schwab fully launches Bitcoin & Ethereum trading to its 40 million eligible retail clients.
'Buy crypto' searches just hit yearly highs.
Step 1: buy crypto
Step 2: forget where you bought it
Step 3: tax season 😱
Skip step 2. Kryptos Tracker keeps every wallet and exchange in one view, and Kryptos Tax does the rest.
Guys, it’s weekend and only 12 days left before the extended deadline in the US.
Don’t wait until last minute, get your crypto taxes done now!
We are here to help.
Every on-chain transaction becomes a journal entry. Your ERP doesn't need all of them.
Roll-up Accounting is live in Kryptos Enterprise:
→ One net journal per GL account, per period
→ Filter by wallet, currency, label, or COA status
→ Reconcile before you push
→ Sync to SoftLedger, Xero, QuickBooks
kryptos.io/demo
