IRS Asks for Help With Combatting Digital Asset Fraud

The IRS is looking for new ways to spot illicit activity in the digital asset space — and it wants the public’s help. (Request for Comment on Innovative Methods to Detect Illicit Activity Involving Digital Assets, 8/15/2025)

Request for Comment

Following the July enactment of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, the Treasury issued a request for comment on how financial institutions and technology firms can use tools like application program interfaces, artificial intelligence, digital identity solutions, and blockchain monitoring to detect digital asset crimes.

To dig deeper, visit the original article on the Thomson Reuters blog.