Popular on PrZen
- "Not Going Quietly" Wins Cinema for Peace Award for Political Film of the Year 2022 in Berlin
- TOKYO SKYTREE TOWN will host Spring Events
- Austin San Antonio Region to Host F50 Global Capital Summit 2023, Connecting with Global Investors
- VANTIVA Showcases 5G FWA Innovations and Next-Generation Wireless Solutions for the Connected Home at Mobile World Congress 2023
- Supercute World™ Partners with AI-Fashion Powerhouse Merchadise™ on First Apparel Collection
- Patton Racks Up Another World-class VoIP Industry Certification with Zoom Phone System
- Avanti Press to Distribute NIQUEA.D in North America
- Elixia Announces New Hire Sam Searcy as Chief Commercial Officer
- A New Day for Fixed Wireless Access (FWA), BEC Unveils the AirConnect® 8243 High-Power 5G mmWave Outdoor Router
- Hypersonic Electromagnetic Propulsion Sustainable Energy
Similar on PrZen
- Kobie Voted a Top Workplace USA
- Aquia Inc. Joins the AWS Partner Network and the AWS Public Sector Partner Program
- Databloom's Blossom Achieves Faster and More Efficient Big Data Analytics
- Doug Brownridge Joins STS Capital Partners
- Cargill joins Selerant on stage at American Food Innovate 2023
- The In-N-Out Burger Financial Planning Story
- Cash Depot Appoints Tony Gaines as Chief Revenue Officer and Brand Ambassador
- Sip Social Co. Partners With Apé Canada For Supply Of Piaggio Apé's
- Expert tip: Private Jet Engine Maintenance Program - Pros and Cons for Preowned Jet Buyers
- Gaming and entertainment company Spinrack Corporation, appoints Jesse Norton as Chief Marketing Officer
Divly makes crypto taxes easier - starts raising capital
PrZen/33498743
Fewer than one percent of investors globally who buy cryptocurrencies pay tax on their crypto investments, despite being required to do so by law. Tech company Divly makes it possible to manage the declaration of cryptocurrencies in a few clicks. The company has now raised 400k USD in a funding round.
HELSINKI & STOCKHOLM - PrZen -- Less than one percent of cryptocurrency investors may have declared their cryptocurrency to tax authorities in 2022.
"We see a big problem in declaring crypto and are convinced our product will make it easier. Determining what you must declare for each transaction can be overwhelming and time-consuming. If you are not an accountant, tax lawyer, or programmer and have many transactions, you have little chance of doing this manually yourself." says Carl Gärdsell, founder of Divly.
Investors include DHS Venture Partners, Greens Ventures and YEoS Ventures. Since March 2022, Divly has partnered with Coinmotion, the largest Finnish virtual currency service provider, and Safello, the largest crypto broker in Sweden, with about 300,000 users. Divly has also started collaborations with several international players in the past year, such as BYDFi and Coingecko.
The crypto market has had a tumultuous year. Despite this, Divly continues to grow partly because it has expanded its service internationally to all Nordic countries, the Netherlands, Japan, and Germany. But above all, it's the simplicity and the desire to make crypto tax declarations accessible to all investors that have driven Divly's growth. With its recent successful funding round, Divly is poised to continue its growth and expand its reach to more investors worldwide.
The introduction of MiCA and the DAC8 proposal will result in tighter cryptocurrency regulations. As a result, authorities will have increased awareness of cryptocurrencies. One of the main requirements of the new rules is that cryptocurrency exchanges with users in the European Union must share their client information with tax authorities by January 2026.
"Procedures and processes for authorities to deal with tax issues will become increasingly important. Transactions on the blockchain are not anonymous; they are pseudonymous. This means that we could soon see a situation where those who have not paid taxes need to start backtracking and accounting for their transactions. I think most people want to do the right thing but don't know how to do it. It should be easy to do the right thing, which we make possible." says Carl Gärdsell.
Divly is a service that simplifies tax declarations in the crypto market and was founded in June 2021 by Carl Gärdsell and Ruben Rehn. Read more about Divly here: https://divly.com/
"We see a big problem in declaring crypto and are convinced our product will make it easier. Determining what you must declare for each transaction can be overwhelming and time-consuming. If you are not an accountant, tax lawyer, or programmer and have many transactions, you have little chance of doing this manually yourself." says Carl Gärdsell, founder of Divly.
Investors include DHS Venture Partners, Greens Ventures and YEoS Ventures. Since March 2022, Divly has partnered with Coinmotion, the largest Finnish virtual currency service provider, and Safello, the largest crypto broker in Sweden, with about 300,000 users. Divly has also started collaborations with several international players in the past year, such as BYDFi and Coingecko.
The crypto market has had a tumultuous year. Despite this, Divly continues to grow partly because it has expanded its service internationally to all Nordic countries, the Netherlands, Japan, and Germany. But above all, it's the simplicity and the desire to make crypto tax declarations accessible to all investors that have driven Divly's growth. With its recent successful funding round, Divly is poised to continue its growth and expand its reach to more investors worldwide.
The introduction of MiCA and the DAC8 proposal will result in tighter cryptocurrency regulations. As a result, authorities will have increased awareness of cryptocurrencies. One of the main requirements of the new rules is that cryptocurrency exchanges with users in the European Union must share their client information with tax authorities by January 2026.
"Procedures and processes for authorities to deal with tax issues will become increasingly important. Transactions on the blockchain are not anonymous; they are pseudonymous. This means that we could soon see a situation where those who have not paid taxes need to start backtracking and accounting for their transactions. I think most people want to do the right thing but don't know how to do it. It should be easy to do the right thing, which we make possible." says Carl Gärdsell.
Divly is a service that simplifies tax declarations in the crypto market and was founded in June 2021 by Carl Gärdsell and Ruben Rehn. Read more about Divly here: https://divly.com/
Source: Divly
0 Comments
Latest on PrZen
- Kobie Voted a Top Workplace USA
- Aquia Inc. Joins the AWS Partner Network and the AWS Public Sector Partner Program
- Perfect Body Laser and Aesthetics ® Offers Tetra CoolPeel Co2 Laser Skin Resurfacing
- Databloom's Blossom Achieves Faster and More Efficient Big Data Analytics
- Orchard Audio's New PecanPi®+ DAC and Streamer Feature AKM's Latest Flagship Chips
- Country Artist Ashley Wineland to Release Poignant Ballad 'I'm Going Home'; Announces Her 2023 National Tour
- Jennifer S. Wilkov Finalizes Lineup for the 2023 April Speak Up Women Conference
- Doug Brownridge Joins STS Capital Partners
- CSC Motorcycles Announces New Twin Cylinder 650cc Sport Touring Model
- Cargill joins Selerant on stage at American Food Innovate 2023
- The In-N-Out Burger Financial Planning Story
- Cash Depot Appoints Tony Gaines as Chief Revenue Officer and Brand Ambassador
- Sip Social Co. Partners With Apé Canada For Supply Of Piaggio Apé's
- Eddie Turner is Recognized as the #9 Motivational Speaker in the World By Global Gurus!
- RE/MAX Signature Earns Top Regional Award
- Wohler releases out-of-band configuration tools for Riedel 2110 SFP's
- Levinger Regens Announces New Initiative to Improve Hydrogen Carbon Intensity
- Eve Wellness, a SF Breast Ultrasound Screening Clinic supports the recent FDA updates to the guidelines to inform women about breast density
- Expert tip: Private Jet Engine Maintenance Program - Pros and Cons for Preowned Jet Buyers
- Gaming and entertainment company Spinrack Corporation, appoints Jesse Norton as Chief Marketing Officer