Knowledge Base

Knowledge Base / Other Topics

Other Topics

Other Topics

Does River plan to support any digital assets other than Bitcoin?

Our team and infrastructure are both hyper-focused on Bitcoin. From a technical perspective, this allows us to quickly support the newest protocol features on both the base layer, the Lightning Network, and any layer that may be built in the future.

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What information is reported to taxing authorities?

River Financial is required by law to report client transactions details to the appropriate taxing authority under certain circumstances. In order to comply with this reporting mandate, River may issue a Form 1099-K for clients who meet the criteria.

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