The owners of cryptocurrency are receiving warning notices from the Internal Revenue Service (IRS) of the United States. The United States Securities and Exchange Commission (SEC), the Internal Revenue Service (IRS) and other financial regulators are making sure that all digital and traditional financial assets and services by updating the policies. The cryptocurrency owners are getting letters from the Internal Revenue Service to inform them about their taxes. These letters are labeled as educational letters and claims that such emails will be sent to more than ten thousand taxpayers before the end of this month.