Home Data and Automation Nextgov: IRS Wants to Be Able to Trace ‘Untraceable’ Digital Currencies

Nextgov: IRS Wants to Be Able to Trace ‘Untraceable’ Digital Currencies

“The Treasury Department’s largest federal law enforcement arm wants to expand its visibility into cryptocurrency transactions that enable anonymity and more privacy than most standard blockchain-based exchanges.” “Cryptocurrency refers to virtual currency transmitted via a digital, decentralized network. With popular versions like Bitcoin, investigators could scrutinize transaction data to identify those involved but new developments could make it harder for […]

The post Nextgov: IRS Wants to Be Able to Trace ‘Untraceable’ Digital Currencies appeared first on G2Xchange FedCiv.

Leave a Reply