ChainCatcher news, according to Financial IT, cryptocurrency tax company TaxNodes has completed a $1.6 million seed round financing, with participation from ZebPay CEO Rahul Pagidipati, Shardeum CEO Nischal Shetty, CoinSwitch and Ajeet co-founders and CEOs Ashish Singhal, and Reflexical founder Khurana, among others.According to cryptocurrency data platform RootData, TaxNodes is a cryptocurrency accounting and tax company aimed at addressing the increasingly serious compliance and internal control issues within the cryptocurrency ecosystem. TaxNodes is building a global product for retail cryptocurrency investors and traders, enabling them to establish profitability from crypto assets held across multiple exchanges and accurately estimate their tax obligations. (Source link)

ChainCatcher news, former CEO of Indian cryptocurrency exchange Zebpay, Avinash Shekhar, has launched a crypto tax startup "TaxNodes," aimed at providing cryptocurrency income, tax, and reporting services for retail investors and exchanges. TaxNodes can collect cryptocurrency transactions across chains, exchanges, wallets, and other channels while complying with KYC and AML regulations, and automatically generate crypto tax information. (Source link)