The IRS continues to issue guidance for crypto tax preparers . . Toward the tail end of 2024 the IRS released the ...
The IRS and U.S. Treasury have finalized a controversial new rule requiring DeFi platforms to implement KYC procedures and ...
Blockchain advocates immediately challenged the final regulations imposing IRS reporting obligations on DeFi participants.
KYC and IRS tax reporting are coming to DeFi platforms as a result of the newly released DeFi broker tax regulations.
A legal battle in Texas could shape the future of DeFi, as innovators challenge the IRS and Treasury’s controversial “broker” ...
IRS issued much anticipated final regulations on DeFi informational reporting on December 27, 2024. This clarifies ...
The IRS’s new rules classify DeFi platforms as brokers and mandate KYC and transaction reporting. DeFi services must choose ...
The Internal Revenue Service issued final regulations for sales and exchanges of digital assets on the new Form 1099-DA for decentralized finance brokers, along with transition relief.
Complying with those requirements is impossible if DeFi is to remain what it is, because complying with those requirements ...
The latest DeFi guidelines are set to take effect on January 1, 2027. The crypto community has taken to social media to ...
The U.S. Internal Revenue Service (IRS) issued final regulations requiring brokers to report digital asset transactions, ...