Analysis: The US Internal Revenue Service's crypto regulatory strategy will not be adjusted due to the departure of two executives

PANews|May 03, 2025 14:05
According to CoinDesk, Seth Wilks, Executive Director of Digital Asset Strategy and Development at the Internal Revenue Service (IRS), and Raj Mukherjee, Executive Director of the Digital Asset Office, resigned this Friday, joining over 20000 IRS employees who have accepted the Trump administration's delayed resignation plan. However, according to insiders, this personnel change does not represent any adjustment in the IRS's cryptocurrency regulatory strategy, but rather occurs at a time when the regulatory environment in the United States continues to change, especially after the Trump administration took office, multiple cryptocurrency enforcement actions have been revoked or suspended. Currently, the IRS is still promoting tax compliance work related to digital assets, and it is expected that the overall policy direction will not change due to individual changes.
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