The U.S. Senate Finance Committee is all set for its October 1st hearing, titled ‘Examining the Taxation of Digital Assets.’

As the name suggests, the hearing will focus on proposed frameworks around the taxation of digital assets , mainly cryptocurrencies. These include:

Tax treatment of crypto gains and losses

Classification of digital assets

Methods to simplify compliance around digital assets

Lawrence Zlatkin, Coinbase Global’s vice president of tax, and Jason Somensatto, director of policy at Coin Center, will be providing testimonies during the hearing.

Zlatkin brings extensive industry experience in taxation laws and policies. Before Coinbase, he held senior roles in various MNCs and law firms, making him a go-to expert for matters involving complex tax structures such as cr

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