IRS Crypto Head Resigns After Short Tenure, Spark Concerns About Regulatory Stability

Trish Turner, head of the IRS Crypto Unit, has resigned after just three months, joining Crypto Tax Girl as Tax Director. This departure follows a series of recent resignations within the digital asset division, raising concerns about the stability of regulatory oversight and enforcement strategies at the IRS. 20-year veteran Turner’s move highlights the growing complexities of regulating cryptocurrencies as regulators grapple with new challenges like Form 1099-DA. The departures add to a broader trend where such regulatory shifts have historically led to market uncertainty and erosion of public trust. As the IRS faces workforce reductions, industry-government collaboration will be crucial for ensuring effective compliance in the rapidly evolving cryptocurrency landscape.