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GAO
Federal Regulators Are Needed for Crypto Oversight: U.S. Accountability Office
Regulators lack an ongoing coordination mechanism for addressing blockchain risks in a timely manner, the report says
IRS Refused to Clarify Its Crypto Tax Guidance Isn't Binding, US Watchdog Says
The IRS has refused to clarify that part of its 2019 guidance on tax treatment of cryptocurrencies is not binding, a government watchdog said.
US Government Watchdog: Regulations Are Hobbling DLT Innovation
The U.S. Government Accountability Office said cumbersome U.S. financial regulations are inhibiting innovation by distributed ledger tech startups.
The IRS is Catching Flack Again for Weak Bitcoin Guidance (This Time on IRAs)
A US government watchdog wants more guidance from the IRS on investing retirement accounts in digital currencies and other "unconventional assets".
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