05-21-2021, 10:24 AM
US government just admitted crypto is here to stay
<!-- SC_OFF --><div class="md"><p>Not sure why there's FUD following Biden administration's plan for crypto transfers over $10K be reported to the IRS from 2023. This is good news in a bad week for crypto. IMO the US gov just admitted crypto is here to stay.</p> <p>Unless I'm missing something, I'm not selling.</p> <p><a href="https://www.theblockcrypto.com/linked/105543/irs-biden-crypto-transactions-report-10000-tax-gap">https://www.theblockcrypto.com/linked/105543/irs-biden-crypto-transactions-report-10000-tax-gap</a> [Edit: Link added]</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Zealousideal-Wave-69"> /u/Zealousideal-Wave-69 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nh5skp/us_government_just_admitted_crypto_is_here_to_stay/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nh5skp/us_government_just_admitted_crypto_is_here_to_stay/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Not sure why there's FUD following Biden administration's plan for crypto transfers over $10K be reported to the IRS from 2023. This is good news in a bad week for crypto. IMO the US gov just admitted crypto is here to stay.</p> <p>Unless I'm missing something, I'm not selling.</p> <p><a href="https://www.theblockcrypto.com/linked/105543/irs-biden-crypto-transactions-report-10000-tax-gap">https://www.theblockcrypto.com/linked/105543/irs-biden-crypto-transactions-report-10000-tax-gap</a> [Edit: Link added]</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Zealousideal-Wave-69"> /u/Zealousideal-Wave-69 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nh5skp/us_government_just_admitted_crypto_is_here_to_stay/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nh5skp/us_government_just_admitted_crypto_is_here_to_stay/">[comments]</a></span>Kind Regards R