/IRS Stymied Over American Cryptocurrency Traders' Reluctance to Report Earnings

IRS Stymied Over American Cryptocurrency Traders' Reluctance to Report Earnings



Cryptocurrency trading saw a huge surge in 2017 as the price for Bitcoin skyrocketed, climbing from just around $1000 at the beginning January 2017 to a staggering all-time high of near $20,000 in December of that same year. Although it remains unclear exactly how many Americans hold bitcoin and …

Source: IRS Stymied Over American Cryptocurrency Traders’ Reluctance to Report Earnings