I want to know if the US government has the ability to track cryptocurrency transactions. Can they monitor and trace the
Flow of these digital currencies?
6 answers
AzrilTaufani
Thu Dec 05 2024
Cryptocurrency transactions, despite their pseudo-anonymity, possess a traceable nature.
CryptoPioneerGuard
Thu Dec 05 2024
Public blockchains, like Bitcoin and Ethereum, allow anyone to view transactions.
HanjiArtist
Wed Dec 04 2024
This visibility extends to governmental entities, including the IRS.
Alessandra
Wed Dec 04 2024
The IRS has the capability to analyze blockchain transactions.
IncheonBeautyBloom
Wed Dec 04 2024
Through sophisticated methods, they can match 'anonymous' transactions.