Post
Topic
Board Press
Re: [2018-02-10] The IRS Takes Its Tax Evasion Hunt to the Blockchain
by
richardsNY
on 13/02/2018, 22:51:42 UTC
Bad news for those who buy on an exchange as their coins will start to leave a trace.

It's an expected development in this market with more regulations being enforced by authorities. It won't take long before people who don't pay their due taxes to regret having fully verified themselves there. I have even considered once to ask if the exchanges I am verified at offer the possibility to delete my account with all my personal information. I can't seem to find anything in their TOS, so I have to email them for real in the coming days to ask what the options are. I am actually worried, because an exchange can easily be forced to hand over user information with all trading and deposit/withdrawal logs.