They also announced a new partnership with Bitpay, the world's largest bitcoin payment processor, designed to help merchants stay on top of their bitcoin-related payment transactions.

Libra Business and Libra Pro

LibraTax has been offering tax-reporting solutions and helping to educate accountants and tax professionals with digital currencies since early in 2014. With the addition of Libra Business and Libra Pro, both businesses and tax professionals alike can keep track of all their digital currency transactions.

With regulatory bodies in the US and elsewhere classifying virtual currencies as capital assets and taxable as property (rather than currencies), it has become increasingly important for individuals and businesses to track every transaction event.