The United States’ Internal Revenue Service (IRS) is allegedly considering requiring tech giants to report on crypto activity by users, according to a presentation reportedly from an IRS presentation and provided by a Twitter user on July 9.
According to the documents shared, the IRS hopes to use Grand Jury subpoenas on firms such as Apple (NASDAQ:AAPL), Google (NASDAQ:GOOGL) and Microsoft (NASDAQ:MSFT) to check taxpayers’ download history for crypto-related applications.