globalcrypto

A major regulatory tremor is shaking Washington, and the crypto world is about to feel the aftershocks. According to insiders, the White House is now reviewing a policy that could allow the IRS to join an international information-sharing pact, giving U.S. authorities direct access to global offshore crypto data.
This isn’t just another regulatory headline — this is a structural shift in how the U.S. intends to monitor digital assets worldwide.
🔍 A Global Window Into Crypto Activities
If the policy is approved, the IRS would gain access to an international network used by dozens of countries to exchange financial information. For crypto holders, this means:
Offshore wallets may no longer stay “invisible”
Foreign exchange activity could be automatically reported
Previously untraceable cross-border transfers may become transparent
Compliance will tighten across centralized and decentralized platforms
The message from Washington is clear:
Crypto secrecy is ending. Global oversight is beginning.
🔐 What This Means for Traders
For everyday investors and high-volume traders alike, the implications are huge:
1. Transparency Is Tightening
Authorities want real-time access to data that was once considered private. The IRS aims to track wealth stored in offshore accounts, crypto included.
2. Privacy Is Shrinking
The belief that crypto activity abroad can remain hidden is fading fast. International cooperation means fewer blind spots.
3. Compliance Pressure Will Surge
Expect stricter reporting rules, more audits, and increased enforcement. Platforms operating outside U.S. borders may be forced to share customer data.
🌐 Why Washington Is Moving Now
Global governments have been frustrated by capital escaping regulatory visibility. As crypto adoption accelerates, so does the push for control.
This initiative signals that the U.S. is no longer satisfied with domestic oversight — it wants a global vantage point on digital assets.
📉 Market Impact: Expect Volatility
Historically, every time Washington expands its surveillance or regulatory reach, the market reacts:
Whales reposition
Exchanges tighten rules
Retail sentiment dips
Uncertainty spikes volatility
And with liquidity already thin across multiple sectors, even a policy announcement could trigger sharp price swings.
⚠️ The Bottom Line
This isn’t just policy tweaking — it’s a rewriting of the rulebook.
The U.S. is preparing for a future where no crypto movement, onshore or offshore, can escape data visibility. Traders who rely on privacy or fragmented regulation must adjust quickly.
Stay sharp.
Stay liquid.
The next move from Washington could shake the entire market — and most investors won’t see it coming.
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An anonymous crypto analyst calling himself Momentum Chaser has refuted claims that the US Department of Government Efficiency (DOGE) has saved $55 billion of taxpayer money by forcing the department to revise its figures.

The #DOGE website, headed by #Tesla founder #Elon Musk, shows that the federal government 55 billion in various funding cuts and shows cuts to several agencies. However, according to Momentum Chaser, the actual figure is much lower.
U. S. President Donald Trump has said that 20 percent of the money DOGE will "save" will go directly to taxpayers and another 20 percent will be used to pay down the national debt.
News outlets such as the New York Times and the Huffington Post have also taken notice of DOGE's figures. Despite the changes, DOGE claims that the final amount of the budget cuts is $55 billion, causing observers to worry about how much trust can be placed in the department tasked with cutting wasteful government spending.
Since the interim committee was formed, Musk has wasted no time. Without wasting time, he has identified and reduced areas of perceived waste in the federal government.
Musk claims he can reduce federal government spending by about $2 trillion at a rate of $4 billion a day. So far, he says he has cut about $55 billion.
the idea of a "DOGE dividend" was originally proposed to Site X by James Fishback, CEO of investment firm Azoria, who is rumored to be an outside advisor to DOGE. Under the plan, which Musk says he will show the president, $2 trillion would be divided among 79 million households, "net payers" of income tax, yielding a dividend of $5,000 per household.
While DOGE appears to be on track to reach its $2 trillion goal, some question whether the organization is accurately reporting how much it has saved.
Pseudonymous user X Momentum Chaser pointed out several errors in DOGE's calculations. First, an $8 million contract for the Department of Homeland Security was incorrectly listed as $8 billion.

However, DOGE reportedly miscalculated this amount as well.

Fourteen U. S.

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Senator Elizabeth Warren has accused Donald Trump and Elon Musk of facilitating tax evasion through mass layoffs at the Internal Revenue Service.

Senator Elizabeth Warren has accused Donald Trump and #Elon Musk of facilitating tax evasion through mass layoffs at the Internal Revenue Service.
The IRS plans to cut nearly half of its workforce as part of Trump's job-cutting plan, with 7,000 employees already laid off.
Senator Warren joined Massachusetts lawmakers in condemning President Trump's economic plan, calling it a sandstorm of chaos that will benefit billionaires at the expense of working families
Senator Elizabeth Warren called out former President Donald accused former President Trump and billionaire Elon Musk of pandering to the rich to avoid taxes. She believes Trump and Musk are pressuring the Internal Revenue Service (IRS) to cut staff and cover up tax delays by American billionaires.
On Wednesday, Warren reprinted an Associated Press article on Site X, saying, Donald Trump and Elon Musk are pandering to the rich to cheat on their taxes. They're happy to make them wait for their tax refunds so they can cheat. How does it work?
The Associated Press noted that the IRS could cut nearly half of its staff. According to sources familiar with the situation, the IRS is developing a plan to reduce its staff through layoffs, attrition and incentive buyouts.
As Cryptopolitan previously reported, the IRS currently employs about 90000 employees across the United States. According to the agency, 56% of employees are people of color, and 65% are women. In February, the agency has already laid off about 7,000 probationary employees (i. e. those who have worked less than one year) as part of a staff reduction.
the Trump administration's plan to shrink the federal government was developed by Musk's Ministry of Government Efficiency. The plan is headed by the Department of Government Efficiency.

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