Trump White House considers framework to let IRS tax foreign American crypto holdings

The Trump administration has moved a step closer to joining an international agreement that would allow the Internal Revenue Service (IRS) to access information and tax Americans’ cryptocurrency holdings in foreign accounts. Proposed rules from the Treasury Department regarding US participation in the Crypto-Asset Reporting Framework (CARF) were sent to the White House on Friday, […] source: https://www.cryptopolitan.com/irs-tax-foreign-american-crypto-holdings/