US Treasury finalizes crypto rules to prevent tax evasion

Engadget
By Mariella MoonJun 29, 2024, 10:30 am196 ptsTop
While people who own and sell cryptocurrency have always had to pay taxes on their earnings, a new rule finalized by the US Treasury Department can ensure that they're paying the proper amount on their sales. The new rule will require cryptocurrency platforms like exchanges and payment processors to report…

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