USA exchanges will probably share taxdata - Biden plans.

[Rzeznik]

Key Takeaways​

• The U.S. Treasury is pushing for new crypto reporting, requiring U.S. exchanges to share data on non-U.S. customers.
• The Biden administration wants to exchange this data for information on U.S. residents’ crypto accounts in other countries.
• The new proposal comes only weeks after the Senate approved new tax reporting requirements for crypto brokers in the $1 trillion Infrastructure Bill.

https://cryptobriefing.com/treasury-pushes-global-crypto-reporting-rules-in-3-5t-budget-bill/
At beginning budget drama was only about us-taxpayers but now it looks like now they plan go for everyone.
I don't know what future will bring but price is rising and some people can make costly mistake.

 

[tacokai]

Can't come to anyone's surprise.

 

[Vor]

get off of US exchanges, in fact get off of American everything there is better alternatives elsewhere for crypto anyways.