Blockchain Association sues IRS over crypto broker rules
The lawsuit alleges that the IRS’ latest rulemaking exceeds the agencies’ statutory authority and violates the Administrative Procedure Act.
The lawsuit alleges that the IRS’ latest rulemaking exceeds the agencies’ statutory authority and violates the Administrative Procedure Act.
The United States Treasury Department and the Internal Revenue Service (IRS) received more than 44,000 comments after proposing the rule.
Although the US dollar has lost over 90% of its value since 1913, it continues to dominate all other fiat currencies as a store of value.
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