While rumours circulate regarding an IRS proposal targeting U.S. citizens’ outbound crypto holdings, there’s no official confirmation from key government bodies like the White House or the IRS by November 18, 2025. The absence of these statements keeps the crypto markets unaffected despite heightened speculation within the community. Experts caution against relying solely on unconfirmed reports. A recent report suggests an IRS proposal is under review, focusing on outbound crypto holdings. However, there have been no official announcements from relevant institutions such as the IRS, White House, or Treasury Department regarding any formal action on this matter. As of now, market impact remains limited. If enacted, the proposal could significantly affect U.S. investors and cryptocurrency regulations, but its potential financial implications remain unclear. The lack of government acknowledgment has kept the crypto industry’s operational status unaffected, leaving investors in a state of uncertainty until official details are released.