IRS Warning Letters to Crypto Holders Marks a New Era of Regulation

U.S. Households Could Owe $25 Billion in Unpaid Crypto Taxes

The Internal Revenue Service (IRS) has sent out warning letters to over 10,000 different cryptocurrency holders, letting them know that the agency acknowledges their investment in digital assets and expects them to declare fair value of assets held on the date of receipt. The days of easy regulation are over as countries step up their

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Source: BTC Manager