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FBAR Crypto Implications ExplainedOn 31st December , the IRS announced that it intended to add virtual currency accounts as reportable under FBAR rules. Currently, the Report of Foreign Bank and Financial Accounts (FBAR) regulations do not define a foreign account holding virtual currency as a type of. FBAR is not required for cryptocurrency held in overseas exchanges like calvarycoin.online Bank and Financial Accounts Reporting (FBAR) regime.
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