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Cryptopolitan 2021-05-20 18:16:00

Cryptocurrency transfers of more than $10K to be reported according to the IRS

TL;DR Breakdown • The Securities and Exchange Commission wants to regularize cryptocurrency transfers.• Colonial Pipeline case puts the IRS on alert. Cryptocurrencies are going through the most volatile stage so far in 2021, with a few weeks of consistent enormous speculation. The internal tax service has taken a moment to clarify rules about the reporting […]

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