“Doing taxes on your crypto can be complicated. That’s why we’re requiring that you use a trusted and approved exchange to send, receive, and hold your crypto. You wouldn’t “self-custody” your stocks, would you? LOL how is that even possible? Using an approved exchange gives you the peace of mind when it comes to tax season. Happy HODLing!”

Government infomercial coming to a screen near you probably in 2025

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Whoever wrote that doesn't understand open blockchains. I don't need an exchange to track data, I just need a service that can read blockchain transactions and compile it into a list that the IRS will accept. I use a company out of Germany, and have never had a problem.

“Doing taxes on your crypto can be complicated.”

Yeah, and whose fault is that?