this post was submitted on 28 Dec 2024
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Biden's New Crypto Rule Shakes Entire Industry – Full IRS Oversight Incoming (news.bitcoin.com)
submitted 8 months ago by bot@lemmit.online to c/cryptocurrency@lemmit.online
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The original was posted on /r/cryptocurrency by /u/KIG45 on 2024-12-28 18:04:50+00:00.

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[–] nsnitko 1 points 8 months ago

Correct me if I'm wrong, but isn't this ridiculously easy to do because of the open record of the Blockchain? Exchanges that operate in the USA are already required to retain customer data. I'm not sure why this regulation even needs to be a thing.