CoinTracker and Casa partner to give users access to multisignature security

CoinTracker, which makes a tax calculator for cryptocurrency taxes, and a portfolio tracker for crypto investments, has partnered with
Casa, which provides a multisignature security solution for bitcoin. The partnership comes at a time when anxieties are high over cryptocurrency regulation and taxation, as much of the guidance from the IRS has proven inadequate and confusing.

Casa’s multisignature security means that moving coins requires more than one approval or “sign-off.” It’s a best practice used by security professionals, and can help protect funds from hacking, SIM swaps and physical threats. CoinTracker officially recommends Casa for Bitcoin multisig.

While the IRS does consider cryptocurrency to be a taxable property-class asset, there still isn’t a lot of understanding, and consequently regulatory clarity, about the way in which cryptocurrency is bought, sold, traded, and, most importantly, easily lost. For instance, starting last year, cryptocurrency investors…