Cryptocurrency Q&A Is Coinbase tracked by IRS?

Is Coinbase tracked by IRS?

CryptoLord CryptoLord Wed Jun 19 2024 | 5 answers 992
Could you please elaborate on whether Coinbase, a leading cryptocurrency exchange platform, is being tracked by the Internal Revenue Service (IRS) for tax purposes? I'm curious to know if the IRS is actively monitoring transactions made through Coinbase, and if so, how does this affect users' tax obligations? Additionally, are there any specific measures that Coinbase takes to comply with tax regulations and ensure its users are fulfilling their tax responsibilities? Thank you for clarifying this matter. Is Coinbase tracked by IRS?

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