2nd question btw. Any idea how many people are buying/selling bitcoin and have not paid taxes? I've heard it's a lot but idk what percentage of the population. Like a lot of people I know who are into bitcoin didn't even know you had to pay taxes on trades. I, like them, thought it was only when you cashed out. I heard the IRS sent a crap ton of people letter reminding them of taxes.
Also, do exchanges like coinbase automatically hand over all your info to the IRS or do they only do it upon request? Like the IRS has to call them to ask for yours in particular?
What about exchanges like foreign exchanges like kraken or kucoin? I hear they are less likely to cooperate with the US gov? Idk. anyone have much info on that?
Not one well-known cryptocurrency exchange in the world will contradict the policy of US financial regulators. If data about you is required, the exchange will provide it. This is written in the user agreement. No need to be so naive, all your data about the actions on the exchange is not protected.
I trade through decentralized bridges
https://app.rango.exchange/Try it, more information in my topic
https://bitcointalk.org/index.php?topic=5389259