Gate US announced a formal partnership with TaxBit to enhance the compliance capabilities of digital asset brokers.

PANews reported on November 5th that Gate US recently announced a partnership with TaxBit, a digital asset tax compliance service provider. This collaboration will focus on supporting compliance for U.S. digital asset brokers in accordance with IRS 6045 requirements, including seamless W-8/W-9 information collection, accurate cost basis tracking, and 1099-DA form preparation.

Official data shows that Gate US has obtained 30 state-level licenses in 40 states across the US and has strengthened its compliance transparency through 100% reserve verification. This collaboration with TaxBit will not only further enhance Gate US's capabilities in the compliance field, but also demonstrate the platform's continued investment in promoting transparency and long-term development in the US digital asset market.