The IRS continues to issue guidance for crypto tax preparers . . Toward the tail end of 2024 the IRS released the ...
The U.S. Department of the Treasury and the Internal Revenue Service (IRS) released final regulations that significantly ...
Blockchain advocates immediately challenged the final regulations imposing IRS reporting obligations on DeFi participants.
The IRS and U.S. Treasury have finalized a controversial new rule requiring DeFi platforms to implement KYC procedures and ...
KYC and IRS tax reporting are coming to DeFi platforms as a result of the newly released DeFi broker tax regulations.
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 ...
A legal battle in Texas could shape the future of DeFi, as innovators challenge the IRS and Treasury’s controversial “broker” ...
The recent Internal Revenue Service (IRS) reporting rule designating decentralized finance (DeFi) front-ends as brokerages ...
The IRS is going after decentralized finance (DeFi) brokers with a vendetta. If left, starting in 2027, these brokers will be ...
“It sure does seem like the IRS says they’re regulating “any service effectuating transactions” as brokers… then goes on to ...
IRS classifies DeFi platforms as brokers, requiring KYC and reporting. The industry has to deal with compliance and blocking ...