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Cryptoexchanges would have to report customer data to IRS under Treasury proposal

By Christopher Hutton
Published August 25, 2023 3:36pm ET
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Cryptoexchanges would have to report customer data to IRS under Treasury proposal
The Coinbase app icon is seen on a smartphone, Tuesday, Feb. 28, 2023.

U.S. cryptocurrency exchanges such as Coinbase and Kraken will be required to disclose detailed information about their clients’ transactions to the IRS, the latest effort by Washington, D.C., to rein in crypto as a whole.

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Cryptocurrency IRS Treasury Department Washington D.C.