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HashChain Technology Enhances Cryptocurrency Tax Software with Support for the Gemini Exchange and for Cross-wallet Transactions
HashChain Technology Enhances Cryptocurrency Tax Software with Support for the Gemini Exch...
About this update from Intellabridge Technology Corp.
[{"type":"text","content":"\n\n\n\nHashChain Technology Enhances Cryptocurrency Tax Software with Support for the Gemini Exchange and for Cross-wallet Transactions\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, March 13, 2018\n\n\n\nVANCOUVER, March 13, 2018 /CNW/ - HashChain Technology Inc. (TSXV: KASH; OTCQB: HSSHF) (\"HashChain\" or the \"Company\") today announced that its Balance cryptocurrency accounting software, adds support for  Gemini, a New York State licensed and regulated digital asset exchange, and provides additional support for transactions that span multiple wallets of digital currency holders. With these enhancements, HashChain continues to advance the software.\n\n\n \n \n\n \nBalance is a Software-as-a-Service (SaaS) offering that allows cryptocurrency users to meet tax requirements in their respective countries by analyzing the blockchain to report capital gains and losses for Bitcoin, Bitcoin Cash, Ethereum, Litecoin and DASH. For tracking activity from exchanges, users can directly integrate their Coinbase accounts with Balance and can now upload their transactions from Gemini. Balance also supports blockchain transactions created with software wallets where it calculates exact values of each transaction, and tracks the cost basis and days carried. Once the gains and losses are calculated, the software automatically details the information on a worksheet that can be shared with a CPA to file with other tax items. Whilst there is no formal agreement between HashChain and Gemini, the Balance addition means Gemini account holders can easily import their own transaction history onto a compatible piece of software.\n\nGemini Exchange\n\nGemini is a licensed digital asset exchange that allows customers to buy, sell, and trade both Bitcoin and Ether digital currencies. As a New York trust company, Gemini is regulated by the New York State Department of Financial Services (NYSDFS) and subject to the capital reserve requirements, cybersecurity requirements, and banking compliance standards set forth by the NYSDFS and the New York Banking Law. With ...