The crypto exchange has requested a federal court in San Francisco to intervene in the issue and ask IRS to back off, reported Bloomberg. Kraken’s pushback against IRS comes in reaction to the agency’s February summons demanding additional user information to identify Kraken accounts that did at least $20,000 of cryptocurrency trading in any single year, between 2016 and 2020.
Continue Reading on Coin Telegraph
Source: Cryptocurrency - investing.com
