Recently, the U.S. Internal Revenue Service (IRS)'s encryption asset department has undergone significant personnel changes. The head of the department, Trish Turner, announced her departure to venture into the private sector. In her resignation statement, Turner expressed that encryption assets have transitioned from a marginal topic to a global regulatory focus, and she is proud of the regulatory foundation she has established for this.

Turner's next stop is to serve as the tax director of CryptoTaxGirl while collaborating with the UK company Asset Reality to assist individuals and businesses in navigating compliance challenges. Laura Walter, the founder of CryptoTaxGirl, welcomed Turner's addition, believing it will provide clients with a higher level of protection and guidance.

It is worth noting that Turner’s departure coincides with ongoing turmoil within the IRS. This year alone, the IRS has undergone six director changes, coupled with budget cuts and staff reductions, which pose severe challenges for the agency. Currently, the IRS has approximately 76,000 employees, significantly down from 113,000 in the 1990s.

Against the backdrop of the increasing popularity of cryptocurrencies, the pressure faced by the IRS is growing day by day. New tax policies require more detailed reporting of encryption assets, but a lack of personnel may lead to difficulties in enforcement. This series of changes has sparked attention and discussion within the industry regarding the future direction of cryptocurrency regulation in the United States.

As cryptocurrency assets gradually become mainstream, how regulators and the industry find a balance will be an important topic in the near future. Turner's career shift also reflects the talent flow between the public sector and the private sector in the encryption field, which may bring new regulatory perspectives and compliance strategies to the industry.