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can you transfer money straight from you bank to bitshares or do you still need to go through coinbase to get cash into crypto?

You can use OpenLedger too.

I ask because coinbase is supposed to start reporting to the IRS , does openledger report your transactions?

Coinbase was targeted by the IRS....do not believe it is the last.

All centralized exchanges within the US and any countries that have reciprocating agreements will end up being hit by the IRS. They simply are not going to allow all the crypto people to go without paying their taxes.