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Cryptopolitan 2024-01-03 10:27:30

Americans to face felony charges by the IRS over crypto

In a significant shift in regulatory approach, American cryptocurrency users are now under heightened scrutiny from the Internal Revenue Service (IRS). A new mandate requires U.S. citizens to report any digital asset transactions worth more than $10,000 within 15 days. Failure to comply with this directive could result in felony charges, marking a stringent step

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