Coinbase is the main cryptocurrency exchange in USA. Last year the company earned a billion dollars, which was 66 percent above expectations. This time the situation may be not so smooth. The reason for the disclosure of users ‘ personal data to the Tax administration.
Cryptocurrency exchange is cooperating with authorities
The company has notified users of the exchange on the transfer of personal information in the message, says RIA. Agency staff will receive full name of user, date of birth, place of residence, the individual number of taxpayers and transaction history for the year 2013-2015. Representatives from Coinbase is recommended to contact the lawyers if you have any questions.
Thus the leadership Coinbase has complied with the order of the California court from November 2017, who is obliged to disclose personal information. The IRS suspects the owners of the coins to pay any taxes on cryptocurrency transactions in the amount of 20 thousand dollars.
Initially, the Agency demanded information about 500 thousands of customers, but the court reduced the figure. It seems that now the owners of bitcoins will begin a new stage of life.
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