Foreign media: Both parties in the US over $1,000 cryptocurrency transaction are required to submit detailed information to the regulatory body.

On June 14th, cybercrime coordinator Gary Alford recently said in a cryptocrime panel discussion that the US Internal Revenue Service plans to regulate cryptocurrency investors who evade tax revenues. With the release of new cryptocurrency guidelines, the US Internal Revenue Service will be more stringent. According to regulations, anyone who sends and receives cryptocurrencies worth more than $1,000 must provide the regulator with details of the sender and receiver. An agent of the Internal Revenue Service added that we have realized that there are some cases that need to be prosecuted, but we do not know whether it has reached the point where criminal proceedings can be instituted. But we believe that we are at that stage. If you tell 12 jurors, all the money is earned in bitcoin, and we believe they will understand. Earlier on May 21, the US Internal Revenue Service (IRS) Commissioner Charles Rettig wrote to US Congressman Tom Emmer that the US Internal Revenue Service is developing a cryptocurrency tax guide.