. A BTC ICYMI: US Treasury calls for crypto transfers over 10K to be reported to the IRS - Trade FX, CFD, Stocks, BTC, Indices, Gold & Oil - 1:1000 Leverage & Bonus - CSFX

A BTC ICYMI: US Treasury calls for crypto transfers over 10K to be reported to the IRS

A BTC ICYMI: US Treasury calls for crypto transfers over 10K to be reported to the IRS

20 May 2021

Posting for those who may have missed it. This would bring crypto into line with cash:

  • as with cash transactions, businesses that receive cryptoassets with a fair market value of more than $10,000 would also be reported 

Treasury add:

  • Cryptocurrency already poses a significant detection problem by facilitating illegal activity broadly including tax evasion

BTC Camry:

Greg had this news item on the US Treasury earlier here: Bitcoin moves back below the $40,000 level (and 200 day MA)

“But you said there’d be Lambos???”

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