Crypto Trading Safe Harbor – We're On Our Own

The District of Columbia Bar Tax Legislative and Regulatory Update Conference, a two-day conference on tax legislative and regulatory developments, included a one-and-a-half hour panel on taxation of cryptocurrencies and related reporting issues. Personnel from the U.S. Department of Treasury Office of Tax Policy (Natasha Goldvug, Attorney-Advisor, and Erika Nijenhuis, Senior Counsel), the Joint Committee on Taxation (Jeffrey Arbeit, Legislation Counsel), and the Internal Revenue Service Office of Chief Counsel (Chris Wrobel, Special Counsel to the Associate Chief Counsel, Income Tax & Accounting) participated on the panel, each speaking in an informal capacity rather than from their official positions.