Do you invest in crypto,[1] buy and sell cryptocurrencies, dabble in crypto derivatives, or invest in Crypto ETFs?[2]Are you an active miner or staker earning rewards as you help grow the blockchain? Perhaps you hold equity in companies building future crypto products, technologies, and infrastructure. Or maybe you enjoy exploring many of the dimensions of crypto. Welcome to The Crypto Zone.[3]

In this new three-part series, Welcome to The Crypto Zone, we look at the where, what, and how of crypto taxation for U.S. taxpayers. In Part I: Where Are We? I take you through the global crypto tax environment and explain why the U.S. government is focusing on digital asset taxation and information reporting. I explain why the obligations to…