Kraken will share user data with the IRS, including account history, for cryptocurrency transactions above $20,000 made between 2016 and 2020.
The information shared will include users' personal details such as their name, date of birth, Tax ID, address, and contact information.
🖕Despite the compliance, Kraken sees it as a victory for privacy advocates and emphasizes the fight against intrusive information demanded by the IRS.🖕
https://decrypt.co/203507/kraken-warns-users-bitcoin-trading-data-irs
