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Binance.US Partners with Sovos on Tax Crypto Compliance

Binance.US Partners with Sovos on Tax Crypto Compliance

Binance.US, the US arm of the world’s largest cryptocurrency exchange by volume, has partnered with Sovos, a startup that focuses on cryptocurrency accounting and auditing, in order to modernize its tax information reporting. Binance.US will use Sovos’ technology to automate its 1099 forms and filings, which helps reduce potential human errors and ensure automatic regulatory updates.







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