The Crypto Compliance Summit

Day 1: Cryptocurrency Regulatory Landscape 2024: Key Updates for Professionals

What You Need to Know to Stay Ahead
The regulatory environment for cryptocurrency is evolving rapidly. This session focuses on the most recent changes to IRS and Treasury Department regulations and their impact on accounting, legal, and compliance practices.

Key Topics Covered Include:

• Understand new IRS requirements for cryptocurrency tax reporting, including Form 1099-DA and its implications.

• Practical steps to future-proof client advisory services against upcoming legislation.

​

Day 2: Tax Planning and Compliance for Cryptocurrency: Challenges and Opportunities

Untangling the Complexity of Blockchain Taxation
Navigating cryptocurrency tax compliance can be complex, with challenges ranging from capital gains calculations to proper reporting for NFTs and DeFi activities. This session breaks down these issues and offers actionable solutions.

Key Topics Covered Include:

• Learn to track and report cryptocurrency transactions accurately using NODE40’s compliance tools.

• Explore strategies for minimizing tax liability, such as loss harvesting and proper classification of staking rewards.

• Address common errors, including incomplete transaction histories and misclassification of airdrops.

​

Day 3: Complexity Volume, and Reconciliation: Evolution of Complexity for Service Professionals, Validators and Delegators in Cryptocurrency

Opportunities and Risks in Proof-of-Stake Networks
As proof-of-stake networks gain prominence, understanding the roles of validators and delegators is crucial. Day 3 explores financial incentives, compliance demands, and how to maximize returns while reducing risk.

Key Topics Covered Include:

• Validators: Their technical responsibilities and compliance needs.

• Delegators: Choosing the right validators and understanding tax implications.

• Tools for managing nodes and optimizing staking operations.

​

Day 4: Digital Asset Bookkeeping for Accounting Firms

Mastering Blockchain Data for Seamless Reporting
Bookkeeping for cryptocurrency requires specialized tools and practices to ensure accuracy and compliance. This session guides firms through integrating NODE40 and other software solutions for effective digital asset accounting.

Key Topics Covered Include:

• Master the basics of digital asset reconciliation, including tracking transactions across wallets and exchanges.

• Learn how to categorize digital asset activity, such as mining, staking, trading, and lending, for accurate financial reporting.

• Discover how NODE40 integrates with QuickBooks and other accounting platforms to streamline bookkeeping.

• Address common client challenges, such as fragmented transaction histories and exchange closures.

​

Day 5: Preparing for Audit: Strategies for Compliance Professionals

How to Meet the Growing Demands of Blockchain Compliance
As institutional involvement in cryptocurrency grows, audits are becoming more rigorous. This session provides strategies for preparing clients to meet these heightened compliance demands.

Key Topics Covered Include:

• Understand the key audit triggers for cryptocurrency holdings and transactions.

• Learn best practices for documenting activity and creating audit trails that satisfy institutional standards.

• Explore how NODE40’s solutions enhance transparency and accuracy for audit preparation.

• Review real-world scenarios to identify potential red flags and avoid common pitfalls.

• Perry Woodin, Co-Founder and Chief Innovation Officer
  Perry has been a blockchain innovator since 2012, playing a pivotal role in shaping cryptocurrency’s infrastructure and compliance frameworks. As a Trust Protector for the first decentralized autonomous organization (DAO), he’s advised on industry-defining projects and continues to lead the charge in crypto reporting solutions.
• Sean Ryan, Co-Founder and Chief Technology Officer
  With a background in information science and over a decade of blockchain expertise, Sean is a sought-after thought leader in crypto compliance. He’s been featured in industry publications and has developed cutting-edge solutions that simplify the complexities of digital asset reporting.
• Norm Hannawa, Head of Tax and Accounting Solutions
  A 20-year veteran of tax law, Norm specializes in corporate, international, and financial product taxation. His deep understanding of blockchain taxation has made him a trusted advisor to governments, accounting firms, and investment funds worldwide.
• Jennifer Katrulya, Chief Executive Officer
  With nearly three decades of experience in advisory services, Jennifer has been recognized as one of the most influential figures in accounting. She’s an expert in translating regulatory challenges into actionable strategies, empowering professionals to lead in blockchain compliance.
• Rob Madeira, Chief Operating Officer
  Rob combines advanced expertise in computer science, business, and law to tackle the challenges of blockchain compliance. His ability to blend technical insights with strategic execution has earned him a reputation as a trailblazer in the field.