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As the cryptocurrency economy’s market capitalization surpasses $320Bn, lots of digital asset proponents are trying to figure out ways to write off capital gains and stay tax compliant. This week the cryptocurrency and blockchain accounting firm, Libra, has launched a new compliance application for market makers and exchanges. Additionally, the company raised $7.8Mn in a Series A funding round to promote expansion.
https://news.bitcoin.com/libra-launches-enterprise-grade-tax-and-accounting-app-crypto-office/