Trump Administration Considers Enhanced IRS Access to Foreign Crypto Data

Trump Administration Considers Enhanced IRS Access to Foreign Crypto Data

Published on
Categories: Regulation Taxation

The Trump administration is reportedly reviewing a proposal that would grant the Internal Revenue Service (IRS) expanded capabilities to access and tax Americans' foreign cryptocurrency holdings. This move could signal a tightening of regulatory scrutiny on international crypto assets.

Trump Reviews Proposal to allow IRS to Access, Tax Foreign Crypto Data

The Trump administration is reviewing a proposal to allow the IRS to access and tax Americans' foreign crypto holdings.