Kryptoskatt, now rebranded as Kryptos, is proud to announce its new identity in the Web3 finance space, encompassing a broader vision and enhanced capabilities. This strategic evolution signifies our dedication to simplifying the complexities of cryptocurrency for users worldwide.
Rebranding to Kryptos is not merely cosmetic; it signifies a commitment to core pillars that will guide the company's ongoing and future development efforts. These pillars—trust, education, innovation, and community—underscore Kryptos mission to establish itself as a trusted crypto finance partner.
Drawing inspiration from the enigmatic 'Kryptos' sculpture at the CIA headquarters, known for its unsolved codes, the Kryptos brand symbolizes the unravelling of complexities and mysteries in the crypto finance world. Just as cryptographers and enthusiasts continue to decode this renowned artwork, Kryptos aims to decode and simplify the intricacies of cryptocurrency for its users. Along with the rebranding, we are thrilled to introduce our new mascot – a Wise Cat named ‘Krypto.’ This mascot embodies the intuitive and instinctive guide every user needs to navigate the digital currency world.
"Our rebranding to Kryptos marks a significant evolution in our mission," said Sukesh Kumar Tedla, CEO of Kryptos. "We are not only simplifying tax compliance but also expanding our horizons to provide comprehensive financial management solutions in the Web3 space. Our platform is designed to empower users, whether they're navigating cryptocurrency for the first time or are seasoned investors. Where others see confusion, we see a pattern, a code waiting to be deciphered".
Backed by industry giants such as Binance Labs, Gate Labs, and Blockchain Founders Fund, Kryptos is poised to lead the way in Web3 financial management.
The rebranding positions Kryptos as a beacon of innovation in the crypto space. The platform pledges to continuously evolve and adapt to meet the dynamic needs of its users. With the cryptocurrency landscape ever-changing, Kryptos aims to stay at the forefront, offering cutting-edge solutions and insights.
Beyond being a platform, Kryptos envisions a vibrant community where collaboration and mutual growth thrive. By providing spaces for crypto enthusiasts to connect, share insights, and support one another, Kryptos aspires to be more than a service; it aims to be a hub for collective advancement.
Kryptos offers a comprehensive solution set, including advanced crypto portfolio management, proactive insights, and streamlined accounting & crypto tax reporting. Offering integrations to over 3000+ DeFi protocols, 100+ exchanges and wallets, and 50+ blockchains, our platform stands as a versatile tool for global users.
Join us in embracing this new chapter with Kryptos, where clarity meets strategy in the world of Web3 finance.
About Kryptos:
Kryptos simplifies Web3 finance for clients globally with a comprehensive suite of solutions encompassing accounting, portfolio management, and crypto tax reporting. With integration support for over 3000+ DeFi protocols, 100+ exchanges and wallets, and 50+ blockchains, Kryptos is your ultimate destination for managing Web3 financial needs seamlessly.
All content on Kryptos serves general informational purposes only. It's not intended to replace any professional advice from licensed accountants, attorneys, or certified financial and tax professionals. The information is completed to the best of our knowledge and we at Kryptos do not claim either correctness or accuracy of the same. Before taking any tax position / stance, you should always consider seeking independent legal, financial, taxation or other advice from the professionals. Kryptos is not liable for any loss caused from the use of, or by placing reliance on, the information on this website. Kryptos disclaims any responsibility for the accuracy or adequacy of any positions taken by you in your tax returns. Thank you for being part of our community, and we're excited to continue guiding you on your crypto journey!
Country
Issue
Kryptos Use Case
India
Cryptocurrency transactions are taxed as capital gains, with evolving legislation creating uncertainty.
Kryptos.io streamlines the process by automatically tracking transactions and computing capital gains, adjusting to new regulations for precise reporting.
Brazil
Cryptocurrencies are subject to capital gains tax and must be reported, posing challenges with complex requirements.
Kryptos.io simplifies compliance by offering real-time transaction tracking and detailed tax calculations, making it easier to meet Brazil’s tax obligations.
Nigeria
Regulatory framework for cryptocurrencies is evolving, with uncertainty around taxation and restrictions from the Central Bank.
Kryptos.io provides an adaptable solution by maintaining detailed records and generating flexible reports, helping users stay compliant despite regulatory changes.
USA
Cryptocurrency transactions are subject to capital gains tax, with detailed IRS reporting requirements.
Kryptos.io enhances compliance by automating the tracking of transactions and generating comprehensive tax reports, facilitating adherence to IRS requirements.
UK
Cryptocurrencies are taxed under both capital gains tax and income tax, requiring careful tracking and reporting.
Kryptos.io aids UK users by monitoring both capital gains and income from crypto transactions, ensuring accurate and straightforward tax reporting.
Australia
Cryptocurrencies are subject to capital gains tax, and users must report their gains and losses to the ATO.
Kryptos.io assists Australian users by providing seamless transaction tracking and precise capital gains calculations, ensuring efficient compliance with ATO reporting requirements.
Germany
Cryptocurrencies are taxed as private assets with gains subject to tax if held for less than a year.
Kryptos.io supports German users by tracking holding periods and computing taxes on cryptocurrency transactions, ensuring adherence to German tax regulations.
Japan
Cryptocurrency gains are treated as miscellaneous income and are subject to high tax rates.
Kryptos.io helps Japanese users by offering a detailed tracking system and calculating taxes on miscellaneous income, efficiently managing high tax obligations.
Scenario
Description
Kryptos Features that can be of aid
Multiple Exchanges and Wallets
Consolidating records from various exchanges and wallets to maintain a comprehensive overview of crypto activities.
Seamless integration with numerous exchanges and wallets, automatic import, and consolidation of records.
International Transactions
Managing records for cross-border transactions, including currency conversions and compliance with international tax laws.
Support for multiple currencies, efficient management of cross-border activities, accurate currency conversion for reporting.
Complex Transactions
Handling trades, swaps, staking, lending, and other sophisticated crypto activities.
Advanced tracking, reporting, and documentation for various transaction types. Kryptos' DeFi and NFT modules offer specialized tools for managing decentralized finance and NFT activities, ensuring precise records and comprehensive oversight.
How we reviewed this article
Written by
Sukesh Tedla
Founder & CEO - Kryptos , Chairman and Board Member at Swedish Blockchain Association, Top Blockchain Industry Thought Leader.
As Web3 evolves, managing a diverse portfolio has become complex. Kryptos simplifies this with advanced tools for real-time tracking, NFT management, and DeFi analytics. Discover how Kryptos turns challenges into strategic advantages for modern investors.
Struggling with crypto tax in Australia? Kryptos.io simplifies the process, ensuring accurate and compliant filings with the ATO. Track transactions and value assets effortlessly—make tax season stress-free.
Mastering Crypto Taxation: Navigate the Complex World of Digital Assets with Kryptos, the Ultimate Solution for Accurate, Efficient, and Future-Proof Tax Reporting.
See More
Kryptoskatt Rebrands to Kryptos: Pioneering a New Era in Web3 Finance
By
Sukesh Tedla
On
Kryptoskatt, now rebranded as Kryptos, is proud to announce its new identity in the Web3 finance space, encompassing a broader vision and enhanced capabilities. This strategic evolution signifies our dedication to simplifying the complexities of cryptocurrency for users worldwide.
Rebranding to Kryptos is not merely cosmetic; it signifies a commitment to core pillars that will guide the company's ongoing and future development efforts. These pillars—trust, education, innovation, and community—underscore Kryptos mission to establish itself as a trusted crypto finance partner.
Drawing inspiration from the enigmatic 'Kryptos' sculpture at the CIA headquarters, known for its unsolved codes, the Kryptos brand symbolizes the unravelling of complexities and mysteries in the crypto finance world. Just as cryptographers and enthusiasts continue to decode this renowned artwork, Kryptos aims to decode and simplify the intricacies of cryptocurrency for its users. Along with the rebranding, we are thrilled to introduce our new mascot – a Wise Cat named ‘Krypto.’ This mascot embodies the intuitive and instinctive guide every user needs to navigate the digital currency world.
"Our rebranding to Kryptos marks a significant evolution in our mission," said Sukesh Kumar Tedla, CEO of Kryptos. "We are not only simplifying tax compliance but also expanding our horizons to provide comprehensive financial management solutions in the Web3 space. Our platform is designed to empower users, whether they're navigating cryptocurrency for the first time or are seasoned investors. Where others see confusion, we see a pattern, a code waiting to be deciphered".
Backed by industry giants such as Binance Labs, Gate Labs, and Blockchain Founders Fund, Kryptos is poised to lead the way in Web3 financial management.
The rebranding positions Kryptos as a beacon of innovation in the crypto space. The platform pledges to continuously evolve and adapt to meet the dynamic needs of its users. With the cryptocurrency landscape ever-changing, Kryptos aims to stay at the forefront, offering cutting-edge solutions and insights.
Beyond being a platform, Kryptos envisions a vibrant community where collaboration and mutual growth thrive. By providing spaces for crypto enthusiasts to connect, share insights, and support one another, Kryptos aspires to be more than a service; it aims to be a hub for collective advancement.
Kryptos offers a comprehensive solution set, including advanced crypto portfolio management, proactive insights, and streamlined accounting & crypto tax reporting. Offering integrations to over 3000+ DeFi protocols, 100+ exchanges and wallets, and 50+ blockchains, our platform stands as a versatile tool for global users.
Join us in embracing this new chapter with Kryptos, where clarity meets strategy in the world of Web3 finance.
About Kryptos:
Kryptos simplifies Web3 finance for clients globally with a comprehensive suite of solutions encompassing accounting, portfolio management, and crypto tax reporting. With integration support for over 3000+ DeFi protocols, 100+ exchanges and wallets, and 50+ blockchains, Kryptos is your ultimate destination for managing Web3 financial needs seamlessly.
All content on Kryptos serves general informational purposes only. It's not intended to replace any professional advice from licensed accountants, attorneys, or certified financial and tax professionals. The information is completed to the best of our knowledge and we at Kryptos do not claim either correctness or accuracy of the same. Before taking any tax position / stance, you should always consider seeking independent legal, financial, taxation or other advice from the professionals. Kryptos is not liable for any loss caused from the use of, or by placing reliance on, the information on this website. Kryptos disclaims any responsibility for the accuracy or adequacy of any positions taken by you in your tax returns. Thank you for being part of our community, and we're excited to continue guiding you on your crypto journey!
As Web3 evolves, managing a diverse portfolio has become complex. Kryptos simplifies this with advanced tools for real-time tracking, NFT management, and DeFi analytics. Discover how Kryptos turns challenges into strategic advantages for modern investors.
Struggling with crypto tax in Australia? Kryptos.io simplifies the process, ensuring accurate and compliant filings with the ATO. Track transactions and value assets effortlessly—make tax season stress-free.
Mastering Crypto Taxation: Navigate the Complex World of Digital Assets with Kryptos, the Ultimate Solution for Accurate, Efficient, and Future-Proof Tax Reporting.