Crypto recovery rally fades as Treasury proposal weighs on gains

Crypto recovery rally fades as Treasury proposal weighs on gains

3 years ago
Anonymous $LNMzUc6XNz

https://www.reuters.com/article/us-crypto-currency/crypto-recovery-rally-fades-as-treasury-proposal-weighs-on-gains-idUSKCN2D108D

A more than 10% rally in bitcoin was clipped Thursday after the U.S. Treasury Department called for new rules that would require large cryptocurrency transfers to be reported to the Internal Revenue Service.

Crypto recovery rally fades as Treasury proposal weighs on gains

May 20, 2021, 5:41pm UTC
https://www.reuters.com/article/us-crypto-currency/crypto-recovery-rally-fades-as-treasury-proposal-weighs-on-gains-idUSKCN2D108D >A more than 10% rally in bitcoin was clipped Thursday after the U.S. Treasury Department called for new rules that would require large cryptocurrency transfers to be reported to the Internal Revenue Service.