SEC lawyers involved in building the case against cryptocurrency are now advising companies on defense strategies. The IRS is bolstering its crypto expertise by hiring former digital-asset executives from companies like Binance and ConsenSys to enhance reporting systems and draft regulations for crypto transactions.
Sources
Wu Blockchain
The IRS has recruited former executives from ConsenSys, Binance US, and TaxBit and is drafting final regulations that will require crypto brokers and exchanges to report details of customer transactions to the U.S. government. The IRS is currently dealing with a surge in cases…
Bloomberg Asia The IRS is hiring two former digital-asset executives, including one who worked at Binance’s US unit, to help beef up its crypto expertise. https://t.co/CaZHdK7D1o
Ally VersprilleThe IRS is turning to experts from the private sector, including a former executive for Binance's US unit, to help carry out its crypto initiatives. https://t.co/6tgdgspKfv
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