Analysis: IRS's crypto-regulatory strategy will not be adjusted as two executives leave

PANews May 3 news, according to CoinDesk, Seth Wilks, executive director of digital asset strategy and development at the IRS and Raj Mukherjee, executive director of the Digital Assets Office, left Friday, joining more than 20,000 IRS employees who have accepted the Trump administration's delayed resignation plan. However, according to people familiar with the matter, this personnel change does not mean that the IRS has made any adjustments to the crypto asset regulatory strategy, but is happening at a time when the regulatory environment in the United States continues to change. Especially after the Trump administration came to power, multiple crypto law enforcement actions were revoked or suspended. At present, the IRS is still promoting tax compliance work related to digital assets, and it is expected that the overall policy direction will not be changed due to changes in individual cases.