Coinbase to hand over transaction data to IRS

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IRS won a court order for user records. If you bought or sold over 20 000 in crypto in a single year the taxman may come knocking. On a positive note the IRS wanted every record they had, and Coinbase was able to protect almost half a million users from over reaching government tax man. Coinbase says this will only effect 1 percent of their customers.

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http://www.zdnet.com/article/irs-demands-14000-coinbase-user-records-of-bitcoin-transactions/

Coinbase to hand over transaction data to IRS | Ecency