Crypto Rebellion: Industry Leaders Fight Back As US Treasury’s Tax Reporting Plan Sparks Outcry

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Crypto, Crypto News, digital currency, IRS, Treasury proposed tax

The cryptocurrency realm is mounting a resilient resistance against impending regulatory proposals seeking to broaden the scope of entities obliged to disclose specific digital currency transactions. In August, the draft of the proposed guidelines was posted by the US Treasury Department, with the aim of mitigating challenges associated with the reporting and taxation of cryptocurrency […]