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.
A legal battle in Texas could shape the future of DeFi, as innovators challenge the IRS and Treasury’s controversial “broker” ...
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 ...
IRS classifies DeFi platforms as brokers, requiring KYC and reporting. The industry has to deal with compliance and blocking ...
The Internal Revenue Service (IRS) has posted final regulations regarding information reporting by brokers who affect ...
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.
I’m WendyO with The Street and Roundtable, and today I've got my own personal CPA Scott Martin to explain a new rule from the IRS and U.S. Treasury that would essentially ban DeFi. The U.S ...
Three crypto industry groups — the DeFi Education Fund, the Blockchain Association, and the Texas Blockchain Council — are ...