Analysis: IRS crypto regulation strategy will not change due to the departure of two executives

PANews reported on May 3 that according to CoinDesk, Seth Wilks, Executive Director of Digital Asset Strategy and Development of the U.S. Internal Revenue Service (IRS), and Raj Mukherjee, Executive Director of the Digital Asset Office, resigned on Friday, joining the ranks of more than 20,000 IRS employees who accepted the Trump administration's delayed resignation plan. However, according to people familiar with the matter, this personnel change does not represent any adjustment in the IRS's crypto asset regulatory strategy, but it occurred at a time when the U.S. regulatory environment continues to change, especially after the Trump administration came to power, and multiple crypto enforcement actions were revoked or suspended. At present, the IRS is still promoting tax compliance work related to digital assets, and it is not expected that the overall policy direction will change due to individual personnel changes.

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Author: PA一线

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