Biden Administration’s New Crypto Rule Forces Full IRS Oversight, Sparks Industry Backlash

3 weeks ago 32

The Biden administration finalizes a sweeping IRS crypto reporting rule requiring platforms to track all transactions. Learn how this impacts the crypto industry. Sweeping IRS Crypto Rule Finalized by Biden Administration The U.S. Treasury and Internal Revenue Service (IRS) have issued sweeping new regulations requiring brokers facilitating digital asset transactions to report all user activity…

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