Tom Shea, EY Americas Financial Services Crypto Tax Leader, joined me to discuss how Banks and Financial institutions are handling Crypto accounting and taxes.
Get to know Tom:
- Metaverse theme – Live music
- Favorite food – Seafood or pasta
- Favorite musician/artist – The Who, Beach Boys
- Favorite movie – Eternal Sunshine of the Spotless Mind
- Favorite Book – Sun also rises
- Hobby – Live music, running with dog
Topics:
- EY’s Crypto Services
- Bank and Institutions approach to Crypto
- Repeal of IRS DeFi broker rule
- IRS and Crypto
- Tokenization
- Stablecoin Market
- US & Global Crypto Regulations
Links:
Watch the interview
Listen to the interview
Timestamps
01:52 Tom’s background
06:44 Institutional adoption of Crypto
11:23 Institutional crypto transactions
14:02 EY’s Crypto Service
15:00 IRS Crypto
22:22 FASB Bitcoin Treasury
26:55 Support for Exchanges
31:52 Bitcoin Reserve
34:49 Global service and regulations
36:44 Crypto airdrops
41:55 EY’s roadmap
44:35 Wrap up questions
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