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IRS 'Raided' by Crypto Investors as Industry Puts Up Fight Against U.S. Tax Proposal

The proposal to establish a U.S. tax regime for digital assets has drawn a stunning 120,000 comments and will be the focus of an IRS hearing today.

By Jesse Hamilton|Edited by Stephen Alpher

Updated Nov 15, 2023, 4:20 p.m. Published Nov 13, 2023, 1:30 p.m.

The U.S. is weighing crypto tax rules, and a hearing today will hear from industry representatives worried about the government going too far. (Jesse Hamilton/CoinDesk.)