The US Internal Revenue Service (IRS) has introduced new proposed guidelines that could dramatically affect how major American cryptocurrency platforms operate, particularly key players such as Coinbase Global Inc (NASDAQ:
Tax Investigators Identify Potential $1 Billion Crypto Ponzi Scheme – identified by US and UK officials
More than 50 potential tax crimes have been identified by international tax officials. Official investigations could begin in the next few weeks.
The IRS Takes Its Tax Evasion Hunt to the Blockchain
As the adage goes, there are two certainties in life: death and taxes. For any U.S. bitcoiners considering wriggling out of the latter, that task just got a little harder.