IRS Hires ConsenSys, Binance US, and TaxBit Executives to Strengthen Crypto Supervision

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The Internal Revenue Service (IRS) is hiring employees from the crypto industry to improve its expertise in working with digital assets.

According to a Feb. 28 Bloomberg report, the IRS has hired two former cryptocurrency executives. One of them, Sulolit “Raj” Mukherjee, previously worked for the American division of the Binance crypto exchange, Binance US. His past work experience also includes the crypto firm ConsenSys, where he was head of the tax department.

Another new IRS hire, Seth Wilks, was recently vice president of government affairs and success at TaxBit. Both specialists will help lead the agency’s cryptocurrency compliance and enforcement efforts. However, the exact positions of Mukherjee and Wilks have yet to be revealed by the agency.