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IRS Crypto Division Directors Depart Amid Broader Resignations

IRS Crypto Division Directors Depart Amid Broader Resignations

Published:
2025-05-03 14:35:02
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The Internal Revenue Service faces leadership changes in its cryptocurrency oversight team as two key figures exit. Raj Mukherjee and Seth Wilks, directors overseeing digital asset strategy, began paid administrative leave following a wave of deferred resignations from Trump-era incentives.

Their departures come during heightened regulatory scrutiny of crypto markets. The IRS has actively pursued tax compliance efforts around digital assets, including recent guidance on staking rewards and NFT taxation.

Industry sources suggest the exits won’t derail existing crypto enforcement priorities. The agency continues coordinating with other regulators on comprehensive digital asset frameworks, particularly concerning transaction reporting and capital gains.

|Square

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