Business Wire
GBBC becomes first non-profit customer of Taxbit’s award-winning crypto accounting solution
Taxbit, the enterprise-grade tax and accounting compliance platform for digital assets, has announced a partnership with Global Blockchain Business Council (GBBC), one of the most trusted non-profit associations for the blockchain, digital assets, and emerging technology community. The partnership means that GBBC, a large, geographically diverse organization with US, EMEA, and APAC operations, has selected Taxbit to support its financial reporting requirements, global accounting needs, and blockchain transaction recordkeeping.
Founded in 2017 in Davos, Switzerland, GBBC comprises more than 500 institutional members and 284 Ambassadors across 124 jurisdictions. By engaging with its members and communities around the globe, GBBC utilizes cryptocurrency for transactions, and is required to keep an accurate account, particularly with the rollout of compliance frameworks like CARF, DAC8, MiCA, and current IRS policy. Through its proprietary software, easy to integrate APIs and simple UX, Taxbit removes all the complexity for organizations to ensure they have a clean, precise, and compliant account of their digital assets and meet all financial information reporting requirements.
Read More: Why the Payments Industry is Facing Its Biggest Transformation in a Decade
“Partnering with the GBBC is a natural alignment for Taxbit because both organizations are forces for good by the very nature of their missions. GBBC is one of the industry’s most influential non-profit associations, with a vast array of wallets, assets, and transaction addresses across the globe. We are excited to give them peace of mind for all of their accounting needs, while powering their efforts to champion the responsible adoption of blockchain technologies.”
– Michelle O’Connor, VP of Global Market Expansion
GBBC joins a list of hundreds of revered customers, like Paypal, Uphold, Google, and MARA, using Taxbit’s award-winning software. GBBC will begin using the technology in July 2025, soon after hosting their highly coveted Blockchain Central event in Washington DC.
“We are delighted to partner with Taxbit as we continue to steward digital transformation across global markets and promote global regulatory dialogue alongside them. Taxbit’s tools will equip us with the transparency and compliance rigor needed as we embrace and expand the use of digital assets in our operations.”
– Sandra Ro, CEO of Global Blockchain Business Council.
As the world’s premier industry association for the blockchain ecosystem, GBBC plays a critical role in driving adoption and advancing responsible innovation across the world. The collaboration between GBBC and Taxbit highlights a growing trend among forward-thinking institutions to integrate best-in-class compliance infrastructure as digital assets become increasingly mainstream.
Read More: Global Fintech Interview with Beth McCoy, President of RewardOps
[To share your insights with us, please write to psen@itechseries.com ]
