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US Court Backs IRS in Part Against Kraken  Over Tax Rules
cryptocurrency

US Court Backs IRS in Part Against Kraken Over Tax Rules

The United States District Court, Northern District of California, has partially upheld a summons issued by the Internal Revenue Service (IRS) to Payward Ventures, Inc. and its subsidiaries, collectively known as "Kraken". Kraken, a prominent online crypto exchange, has been under scrutiny for its compliance with tax regulations.

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