Coinbase reminds users that selling cryptocurrencies will trigger capital gains taxes, which may lead to a vicious cycle of constantly selling crypto to pay taxes. It also notes that exchanging USD for USDC at a 1:1 rate usually incurs no fees or tax implications. The exchange leaves the decision to the user and states that this is not tax advice. Previously, in responses to comments under their posts, users mentioned some risks, such as being forcibly liquidated during market downturns and the tax implications of USDC value fluctuations. The IRS confirmed that during the government partial shutdown, operations continue as normal, and the April 15 tax filing deadline remains unchanged. Coinbase's stock price fell 0.11% in after-hours trading, after rising 0.03% to $181.010 during regular trading.

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