Crypto Suit Over Reporting Rule Tossed For Being Premature

[Gunnar Larson]

Crypto Suit Over Reporting Rule Tossed For Being Premature

By Aislinn Keely

A Kentucky federal judge on Wednesday tossed a crypto nonprofit's challenge
to a forthcoming tax reporting requirement that would mandate firms report
crypto transactions above $10,000, discerning that the advocates' privacy
hasn't come into play since the rule has yet to take effect.

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https://www.law360.com/banking/articles/1701956?nl_pk=99a2a594-20ad-4b2f-a28e-cd0e62d896b6&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2023-07-21&read_main=1&nlsidx=0&nlaidx=5
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