GOP Lawmakers Dive Into Digital Currency Records Row

Law360, Washington (May 19, 2017, 6:40 PM EDT) -- Republican congressional leaders have demanded information from the Internal Revenue Service about the agency's efforts to collect information on digital currency transactions, citing concerns over a John Doe summons the IRS issued for records of a digital currency broker’s customers in December.

The GOP chairs of the Senate Committee on Finance, House Committee on Ways and Means and Oversight Subcommittee wrote to IRS Commissioner John Koskinen on Wednesday seeking an explanation as to how a summons for some 500,000 U.S. customers of digital currency broker Coinbase...
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