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USA exchanges will probably share taxdata - Biden plans.

Rzeznik

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Aug 31, 2021
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Key Takeaways​

  • The U.S. Treasury is pushing for new crypto reporting, requiring U.S. exchanges to share data on non-U.S. customers.
  • The Biden administration wants to exchange this data for information on U.S. residents’ crypto accounts in other countries.
  • The new proposal comes only weeks after the Senate approved new tax reporting requirements for crypto brokers in the $1 trillion Infrastructure Bill.


At beginning budget drama was only about us-taxpayers but now it looks like now they plan go for everyone.
I don't know what future will bring but price is rising and some people can make costly mistake.
 
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