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CoinGape 2021-05-20 16:28:36

US Treasury sets $10K Crypto Limit for Exchanges to Report to IRS

The US Treasury Department today announced a major clampdown on crypto transactions in the US as it set an upper limit of $10,000 to be reported to the Internal Revenue Services (IRS). The department said that the measures have been taken to keep a check on illegal activities and tax evasion using digital assets. *TREASURY The post US Treasury sets $10K Crypto Limit for Exchanges to Report to IRS appeared first on Coingape.

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