Trump administration takes bold action! Cryptocurrency officials suddenly disappear, IRS undergoes major overhaul!
At a critical moment when the IRS (Internal Revenue Service) is conducting large-scale layoffs, former cryptocurrency supervisors Seth Wilks and Raj Mukherjee announced their 'disappearance'. Behind this is the government efficiency reform plan led by Donald Trump—DOGE (Department of Government Efficiency) quietly advancing!
These two senior officials, who were responsible for cryptocurrency taxation and compliance, have just accepted delayed resignation arrangements, meaning they will continue to receive paid leave for several months, but have effectively been dismissed. According to reports, this is one of the Trump administration's strategies to cut down the bloated agencies from the Biden era. This move has sent shockwaves through the cryptocurrency industry and the tax community, indicating a significant regulatory transformation ahead.
The DOGE reform is not just about layoffs; it is a complete rewrite of the rules governing government cryptocurrency regulation!