CoinDesk: The IRS Seeks the Names of Circle Customers Transacting Over $20K in Crypto
The IRS is seeking to know who is transacting in crypto and who isn't paying taxes on those transactions. The agency is now trying to get the names of Circle customers who made transactions over $20K. Nik De breaks down what's going on in the IRS as it relates to crypto. Plus, reaction to former SEC chairman Jay Clayton's comments that we should expect to see bitcoin regulations.
#cryptocurrency #digitalfinance #finance
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