U.S. Internal Revenue Service Chief Charles Rettig said yesterday that Congress needs to provide clear statutory authority for the tax agency to collect information on cryptocurrency transfers valued at over $10,000 that largely go unreported. Chinese Communist Party regulators also announced recently, Financial institutions and payment companies are banned from providing services related to virtual currency transactions, marking a new suppression on digital currencies by the authorities. Is Bitcoin a good investment in 2021? or the tulip effect?
-2021 China Economy
#China#Bitcoin#Crypto#CrackDown#IRS
-2021 China Economy
#China#Bitcoin#Crypto#CrackDown#IRS
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- Crypto Investing
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