as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
do i need to report to fincen if i had greater than $10,000 worth of bitcoin in a foreign bitcoin exchange?
user
yes, i'd say you do. this is similar to reporting a brokerage account. also, don't forget the requirements for form 8938.
assistant