Representatives of exchanges such as Coinbase: Cryptocurrency world under scrutiny by regulators

At a panel discussion on March 3, representatives of cryptocurrency exchanges such as Coinbase told the IRS that they wanted to see clear rules rather than vague skepticism from tax authorities. They argue that compared to the size and darkness of the cryptocurrency world, the cryptocurrency world has been subject to excessive scrutiny by regulators. Coinbase executives said they saw excessive repression from regulators.