Cryptocurrency Q&A Which crypto wallets don't report to the IRS?

Which crypto wallets don't report to the IRS?

Andrea Andrea Mon Nov 04 2024 | 7 answers 1378
I'm looking for crypto wallets that don't share user information with the IRS. With the increasing regulation around cryptocurrencies, it's important to know which wallets prioritize user privacy and don't report transactions to tax authorities. Which crypto wallets don't report to the IRS?

7 answers

CoinPrince CoinPrince Wed Nov 06 2024
Among these, decentralized crypto exchanges (DEXs) occupy a prominent position.

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MichaelSmith MichaelSmith Wed Nov 06 2024
Certain cryptocurrency exchanges refrain from disclosing user transactions to the Internal Revenue Service (IRS).

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Bianca Bianca Tue Nov 05 2024
Furthermore, exchanges situated outside the territorial jurisdiction of the United States are not bound by US tax law reporting obligations.

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CryptoWizardry CryptoWizardry Tue Nov 05 2024
Platforms like Uniswap and SushiSwap, which operate on a decentralized framework, do not forward transaction details to the IRS.

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CosmicWave CosmicWave Tue Nov 05 2024
BTCC, a prominent cryptocurrency exchange, offers a diverse range of services.

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