Cryptocurrency Q&A Does Binance.US report to the IRS?

Does Binance.US report to the IRS?

Tommaso Tommaso Sat Sep 07 2024 | 7 answers 1378
I'm curious about the tax implications of using Binance.US for cryptocurrency transactions. Does this platform report user activities to the IRS, or is it the responsibility of individual users to self-report their capital gains and losses? If Binance.US does report to the IRS, what kind of information is typically shared, and how does this affect the privacy of users? It's important for me to understand these factors as I navigate the world of cryptocurrency investments. Does Binance.US report to the IRS?

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