New proposals being brought forward by the U.S. Treasury Department could see a new requirement to report digital currency transactions of over $10,000 to the IRS as part of the Biden administration’s tax compliance plan. According to a report published by the Treasury Department, the measures would see cryptocurrencies treated as cash for large transactions, requiring that […]Read full post A new proposal could require crypto transactions over $10k to be reported to IRS. on Chaintimes.com.