🚨 JUST IN: 🇺🇸 President Trump fires IRS Commissioner Billy Long
For those who don’t know - Billy Long is the head of the U.S. Internal Revenue Service (IRS), the federal agency in charge of collecting taxes, enforcing tax laws, and overseeing compliance (including crypto tax reporting).
Trump’s decision to remove him comes as Treasury Secretary Scott Bessent is named Acting Commissioner until a permanent replacement is chosen.
💭 Could this mean changes in tax policy or crypto regulation are on the horizon? Some believe it might lead to more favorable rules for digital assets.
📊 Markets will be watching closely, any shift in IRS approach could impact $BTC , $ETH , and the broader crypto market.
