Coinbase Exec Says Capital Will Flee US Due to Crypto Tax Laws

Cointelegraph

Published Jul 07, 2020 10:30PM ET

Updated Jul 08, 2020 12:00AM ET

Coinbase, the largest U.S. cryptocurrency exchange, believes other countries are much more open-minded in terms of crypto regulation and taxes than America..

Lawrence Zlatkin, chief tax officer at Coinbase, shared the exchange’s outlook on taxation and the global cryptocurrency market during a Unitize panel on July 7. He was joined on the panel by Fidelity’s senior tax counsel Jessica Reif-Caplan and Deloitte’s global tax leader, Rob Massey.

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