In the United States, they proposed to oblige crypto exchanges to disclose transactions over $ 10 thousand

If adopted, the new rules will enter into force in 2023. The country’s authorities have called cryptocurrencies a serious problem that contributes to illegal activities.

The US Treasury proposed to the administration of President Joe Biden to introduce an obligation to transfer information about crypto transactions over $ 10 thousand to the Internal Revenue Service (IRS).

The country’s authorities have called cryptocurrencies a problem that contributes to illegal activities, including tax evasion, writes Bloomberg .

The ministry noted that cryptocurrencies constitute a small part of the total volume of transactions that pass through registered legal entities.

However, the authorities expect the role of crypto transactions to grow over the next decade.

If the new rules are adopted, they will come into force in 2023.

Against the background of the announcement, the price of bitcoin fell below $ 39 thousand, after which it recovered, the cryptocurrency is trading at $ 39.6 thousand.

Over the past day, the asset has fallen in price by 2%.