((a)) ** $10,000.—** Any person—

((1))

((A)) who is engaged in a trade or business, and

((B)) who, in the course of such trade or business, receives more than $10,000 in coins or currency in 1 transaction (or 2 or more related transactions), or

((2)) who is required to file a report under section 6050I(g) of the Internal Revenue Code of 1986,

((b)) ** .—** A report is described in this subsection if such report—

((1)) is in such form as the Secretary may prescribe;

((2)) contains—

((A)) the name and address, and such other identification information as the Secretary may require, of the person from whom the coins or currency was received;

((B)) the amount of coins or currency received;

((C)) the date and nature of the transaction; and

((D)) such other information, including the identification of the person filing the report, as the Secretary may prescribe.

((c))

((1)) ** .—** Subsection (a) shall not apply to amounts received in a transaction reported under section 5313 and regulations prescribed under such section.

((2)) ** .—** Except to the extent provided in regulations prescribed by the Secretary, subsection (a) shall not apply to any transaction if the entire transaction occurs outside the United States.

((d))

((1)) ** .—** For purposes of this section, the term “currency” includes—

((A)) foreign currency; and

((B)) to the extent provided in regulations prescribed by the Secretary, any monetary instrument (whether or not in bearer form) with a face amount of not more than $10,000.

((2)) ** .—** Paragraph (1)(B) shall not apply to any check drawn on the account of the writer in a financial institution referred to in subparagraph (A), (B), (C), (D), (E), (F), (G), (J), (K), (R), or (S) of section 5312(a)(2).