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Bitcoinist 2019-11-16 12:26:47

IRS Voices Concerns Over Crypto Kiosks and ATMs

The IRS has announced that it is investigating crypto kiosks and ATMs with concerns regarding tax evasions, as well as the possibility of money laundering, controlled substance purchase, and similar crimes. Crypto ATMs and kiosks have become an increasingly popular method of purchasing cryptocurrencies, as well as withdrawing funds among the United States-based crypto users. However, according to a recent Bloomberg interview, the IRS has raised concerns over potential tax evasion issues that might ariseRead MoreThe post IRS Voices Concerns Over Crypto Kiosks and ATMs appeared first on Bitcoinist.com.

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