Kraken to Comply with IRS Directive, Sharing User Data in November

Kraken, a prominent cryptocurrency exchange headquartered in the United States, recently announced its intention to comply with a court order that requires it to share user data with the U.S. Internal Revenue Service (IRS). This compliance is scheduled to begin in early November. The company detailed the situation on its support page, explaining that the U.S. District Court for the Northern District of California issued a court order in May 2021. This order mandated that Kraken provide extensive records and data related to its U.S. customers to the IRS. Initially, Kraken resisted the...

source: https://tokenpost.com/Kraken-Bows-to-Court-Order-Prepares-to-Share-User-Data-with-IRS-10896

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