CoinSmart president says crypto taxes are a ‘little bit more favorable’ outside US
Cointelegraph
Published Aug 16, 2023 05:24PM ET
Updated Aug 16, 2023 07:00PM ET
Jeremy Koven, the president of Canada-based crypto exchange CoinSmart and president at WonderFi, pointed to areas of concern for crypto firms in the United States looking for regulatory clarity and favorable tax policy.
Speaking to Cointelegraph at the Blockchain Futurist Conference in Toronto on Aug. 16, Koven said promoting crypto at casinos and for sports betting was “really a no-brainer” in Canada, where many users were interested in gaming. He also pointed to the U.S. for dividing crypto rules among the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission, raising concerns among firms looking for clear regulations.
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Written By: Cointelegraph
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