Bitcoin Tax Reporting Software Developer Node40 Acquired for $8m

A publicly traded Canadian crypto miner has simply made a $eight million wager that each one bitcoin customers around the globe will ultimately be compelled to report their transactions to the taxman, and that they may assist dealing with this oftentimes advanced course of. 

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Bitcoin ‘Turbo Tax’

Canadian cryptocurrency mining firm Hashchain Know-how Inc. (TSXV: KASH) has introduced that it reached a deal to amass Node40 LLC for $eight million topic to the approval of the TSX Enterprise Trade. This acquisition marks Hashchain’s first transfer to diversify its cryptocurrency enterprise past simply mining and can give it management over Node40’s group of skilled software program engineers.

Node40 develops a cryptocurrency reporting software program that integrates immediately with just a few main bitcoin exchanges. It thus may help American bitcoin customers, merchants and…

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