Tag: US citizens crypto tax

FATCA and Cryptocurrency Reporting for US Citizens: What You Must Know in 2025
Crypto & Blockchain

FATCA and Cryptocurrency Reporting for US Citizens: What You Must Know in 2025

U.S. citizens holding cryptocurrency on foreign exchanges must report assets over $50,000 on Form 8938 under FATCA. Failure to comply risks heavy penalties. Learn thresholds, filing rules, and how to avoid IRS trouble in 2025.