Crypto Transparency Gets OECD Boost with Draft Rules - Bloomberg Tax

Sahel Assar, counsel in the firm's Tax section, was quoted in the Bloomberg Tax article "Crypto Transparency Gets OECD Boost with Draft Rules."

Sahel Assar, counsel in the tax section of Buchanan Ingersoll & Rooney, expects some proponents of crypto-assets to push back on the OECD’s framework as a form of “government intrusion” especially since the industry’s rose from a desire to cut out third party intermediaries.

“Mainstream proponents of crypto-assets, however, will welcome additional regulations, including tax collection, as an indication of these instruments merit and overall progress as a legitimate form of exchange,” Asasar said in an email.