The Internal Revenue Services will seek information from Circle on all U.S. taxpayers who traded at least $20,000 worth of crypto between 2016 and 2020.
A U.S. federal court has granted authorization to the Internal Revenue Service, or IRS, to serve a John Doe summons to fintech firm Circle seeking all information on U.S. taxpayers who traded at least $20,000 worth of crypto assets on its platforms between 2016 and 2020.The summons will apply to Circle Internet Financial Inc. including all “predecessors, subsidiaries, divisions, and affiliates, including Poloniex LLC.”According to the Department of Justice’s announcement, Judge Richard Stearns concluded there is “reasonable basis for believing that cryptocurrency users may have failed to comply with federal tax laws.”The document also notes the IRS “does not allege that Circle has engaged in any wrongdoing in connection with its digital currency exchange busines
MakerDAO Founder Proposes Plan for Upgraded Versions of DAI Stablecoin, Governance Token
Rune Christensen also proposed to incorporate artificial intelligence-assisted processes into Maker’s governance. Czytaj więcej We współpracy z: https://www.coindesk.com/business/2023/05/12/makerdao-founder-proposes-plan-for-upgraded-versions-of-dai-stablecoin-governance-token/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
