Messari CEO: Tax exemption for transactions between cryptocurrencies can bring more revenue to the IRS

Messari CEO and founder Ryan Selkis said that if the revolutionary role of cryptocurrencies in the financial sector is as revolutionary as the Internet in the field of information dissemination, then the dominant data provider, not the exchange, will be the largest Beneficiaries. In addition, Selkis said that cryptocurrencies require a minimum exemption and "tax policy is a disaster". According to Selkis, ideally, the United States should now adopt cryptocurrency tax policies in France and Germany. However, Selkis acknowledged that this was unlikely. In addition, he said that tax exemptions for transactions between cryptocurrencies would "solve a number of headaches and (and) likely generate more revenue for the IRS" because of greater compliance.