Two Key IRS Crypto Directors Depart After Accepting DOGE-Linked Deferred Resignations
May 3, 2025, 6:55 a.m.
4 sources
neutral
The IRS has lost two major crypto initiative leaders, Seth Wilks and Raj Mukherjee, who have accepted deferred resignations under a federal buyout program associated with the Department of Government Efficiency (DOGE). Both had recently joined the IRS from prominent crypto-related firms and were integral to policies on crypto tax reporting, enforcement, and industry coordination. The departures come ahead of expected broader IRS staff cuts and follow significant changes to crypto tax regulation, including an overturned rule on DeFi broker reporting.
DOGE is indirectly referenced in connection with the buyout program's acronym, but this does not reflect the DOGE cryptocurrency and has no material impact on price.
Sources
IRS' Crypto Leads Are Leaving the Agency After Accepting DOGE Deals
CoinDesk
02.05.2025 20:10
IRS Faces Major Resignations and Crypto Tax Policy Shifts
COINTURK NEWS
03.05.2025 02:41
IRS Crypto Tax Experts Resign: Decoding Their Move to D.O.G.E.
bitcoinworld.co.in
03.05.2025 06:40
Top Today
10 hour ago
5 sources
Japan's $136M Pension Fund Embraces Crypto for Diversification
11 hour ago
6 sources
XRP Ledger Unveils Five Building Blocks: Quantum Readiness, Lending, and AI Hardening
14 hour ago
5 sources
BTC Drops Amid US-Iran Talks Delay Despite Bullish Network Activity Signal
14 hour ago
6 sources
Institutional Capital Floods into Layer-1s as Tether Co-Founder Unveils Stablecoin 2.0
21 hour ago
17 sources
Jaredfromsubway.eth MEV Bot Suffers $17 Million Exploit, Shaking Ethereum Security Confidence
yesterday / 22:59
5 sources
Bitcoin Holds Above $63K as Rare Bullish MACD Signal Sparks Rally Hopes
yesterday / 18:55
6 sources
Strategy’s Potential BTC Sell-Off Could Send Bitcoin Crashing to $45K, Analysts Warn
Disclaimer
The content on this website is provided for information purposes only and does not constitute investment advice, an offer, or professional consultation. Crypto assets are high-risk and volatile — you may lose all funds. Some materials may include summaries and links to third-party sources; we are not responsible for their content or accuracy. Any decisions you make are at your own risk. Coinalertnews recommends independently verifying information and consulting with a professional before making any financial decisions based on this content.