Gate US Partners with TaxBit to Strengthen Digital Asset Broker Compliance

2025-11-05 13:00:08 UTC
300 views

Gate US has officially partnered with TaxBit, a trusted provider of digital asset tax and accounting technology. This partnership is designed to enhance support for U.S. Digital Asset Broker compliance requirements under IRS Section 6045, helping ensure a more transparent and compliant trading environment for all eligible users.

Through this integration, Gate US will leverage TaxBit’s regulatory-compliant infrastructure to enable seamless W-8/W-9 onboarding, improving the accuracy and efficiency of user tax documentation; comprehensive cost basis tracking, providing clear and compliant records for users’ digital asset transactions; and 1099-DA readiness, supporting upcoming reporting requirements as mandated by the U.S. Internal Revenue Service.

Gate US remains committed to operating with the highest standards of regulatory compliance and transparency. The collaboration with TaxBit further strengthens our compliance framework and reflects our long-term commitment to supporting a secure, transparent, and well-regulated digital asset ecosystem.

Disclaimer:
This is not investment advice. This information is provided for informational purposes only and should not be construed as a recommendation to buy, sell or hold any asset. Cryptocurrency trading involves a risk of loss. Gate US services may be restricted in certain jurisdictions. For more information, please see our legal disclosures: https://us.gate.com/legal/disclosures

Gate US Team
November 5, 2025