In May 2021, the US treasury department released a new report with some new guidelines that all businesses making $10 thousand or more inflows and outflows must report to the Internal Revenue Services. Transactions in Digital Currencies are Undetectable In the new report, the treasury department stated their proposed regulation which is supposed to take
U.S. Treasury Requires All $10K Plus Crypto Transactions Reported to The IRS [btcmanager]
