Bitcoin Pares Gains Amid U.S. Treasury Crypto Tax Crackdown
- Date: 20-May-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
Bitcoin Pares Gains Amid U.S. Treasury Crypto Tax Crackdown
By Yasin Ebrahim
Investing.com - cut some its gains Thursday as the Treasury Department said it would require that any transfer worth $10,000 or more to be reported to the Internal Revenue Service.
rose 6.78%, to $39,928, but had traded as high as $42,425.