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Robin Singh Exposes Crypto’s Dirty Secret: How Tokenized Stocks Are Exploiting Tax Loopholes in 2025

Robin Singh Exposes Crypto’s Dirty Secret: How Tokenized Stocks Are Exploiting Tax Loopholes in 2025

Author:
Coindesk
Published:
2025-07-22 17:39:17
15
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Tokenized Stocks Expose a Major Tax Reporting Gap in Crypto—Robin Singh

Tokenized stocks just ripped open a $9B blind spot in crypto tax reporting—and regulators are scrambling.

Here's the ugly truth no DeFi platform wants you to know.

When synthetic Tesla shares trade 24/7 on blockchain ledgers, who tracks the capital gains? (Spoiler: Not your friendly neighborhood tax authority.)

Three ways this time bomb detonates:

• Wash trading across jurisdictions creates phantom losses

• Staking rewards masquerade as dividend payments

• Cross-border settlements bypass traditional custodians

Meanwhile, crypto brokers keep collecting fees while pretending the IRS won't eventually notice. Classic Wall Street playbook—just with more memes and less paperwork.

|Square

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