News
Significance:
7/10

U.S. Senate Hearing on Crypto Taxes Reveals Headaches for Both Industry and IRS

https://www.coindesk.com/policy/2025/10/01/u-s-senate-hearing-on-crypto-taxes-reveals-headaches-for-both-industry-and-irs

Jesse Hamilton, Nikhilesh De

Mentions

Regions

Code
Name
US
🇺🇸United States

Sentiments

Target
Sentiment
Comment
Bearish
Coinbase's tax executive suggested the IRS is unprepared to handle the volume of crypto tax reporting.
Bearish
Unclear and unresolved tax rules create significant uncertainty for the crypto industry.