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 ...
IRS issued much anticipated final regulations on DeFi informational reporting on December 27, 2024. This clarifies ...
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” ...
Blockchain advocates immediately challenged the final regulations imposing IRS reporting obligations on DeFi participants.
The IRS’s new rules classify DeFi platforms as brokers and mandate KYC and transaction reporting. DeFi services must choose ...
The IRS is going after decentralized finance (DeFi) brokers with a vendetta. If left, starting in 2027, these brokers will be ...
Complying with those requirements is impossible if DeFi is to remain what it is, because complying with those requirements ...
IRS classifies DeFi platforms as brokers, requiring KYC and reporting. The industry has to deal with compliance and blocking ...
The IRS and U.S. Treasury have finalized a controversial new rule requiring DeFi platforms to implement KYC procedures and report user transactions, treating them as traditional brokers.