Coinbase Sounds Alarm on IRS Crypto Tax Proposal

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Coinbase Sounds Alarm on IRS Crypto Tax Proposal

Hey Guys!

https://www.coindesk.com/policy/2023/10/12/coinbase-sounds-alarm-on-irs-crypto-tax-proposal/

Honestly just been seeing negative news for very long time. Not really looking for an answer on this but what is everyone’s opinion?

Thanks

Randula JLK Answered question October 14, 2023
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Regulation is stifling crypto adoption.

Jason Johnson Answered question October 14, 2023
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Shoutout to Coinbase and their CEO Brian for fighting the good fight. They seem to be genuinely trying to advance crypto (even tho their obvious main goal is to make money).

Ruban Lovelace Answered question October 13, 2023
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My favorite part of the article:

“The tax agency flagged that the industry isn’t paying its fair share.”

Funny. They don’t seem to be too concerned with loophole exploiting billionaires and corporations.

Cinthia ETH Answered question October 13, 2023
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