It’s been months since proposed rules detailing what customer data cryptocurrency brokers would need to share with the federal government left White House review.
The Treasury and IRS still haven’t released the regulations, and stakeholders are champing at the bit to share their feedback.
Democrats, too, have started pushing Treasury on the reasons for the wait.
Former IRS and Treasury employees told Bloomberg Tax the delay could be because of a disagreement within the federal government. Others say the IRS is taking its time to get right the regulations governing a financial instrument as complex as cryptocurrency.
“I think it’s ...
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