The US tax agency IRS has ordered cryptocurrency exchange Kraken to share its customers' information with it.
The US Internal Revenue Service (IRS) has issued an order to Kraken, one of the largest US cryptocurrency exchanges, to hand over information about its users.
In a petition to enforce its February subpoena, the IRS said it was trying to identify Kraken accounts that traded at least $20,000 in cryptocurrencies in any given year from 2016 to 2020. Kraken argued that the IRS went far beyond the limits set in its fight with Coinbase about a similar issue six years ago.
*Not investment advice.
Risk Disclosure: Guides, news, articles and analyzes on Bitcoinsistemi.com do not constitute investment advice. Keeping in mind that Bitcoin and cryptocurrencies are high-risk products, you should do your own research for each investment decision. Otherwise, you may come to the point of losing your entire investment. In this context, you should know that you are responsible for the losses that may arise from all your transfers and transactions.
Bitcoinsistemi.com is a news site, does not provide investment advice and does not recommend investing in any projects or digital assets. In this context, the content and content authors on Bitcoinsistemi.com cannot be held responsible for the investment decisions you make.
© Copyright 2023
