State of Crypto: IRS Departures
The IRS, alongside many other regulators, has been pretty active in the crypto world over recent years. On Friday, two directors left.
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The narrative
Over 20,000 IRS employees accepted deferred resignation offers made by the Donald Trump administration, including two directors tasked with overseeing digital assets rulemaking.
Why it matters
Raj Mukherjee and Seth Wilks went on paid administrative leave Saturday, though individuals familiar with the situation told CoinDesk that their departures should not indicate any change in the IRS’ approach to crypto rules.
Breaking it down
Wilks,…
