The IRS and U.S. Treasury have finalized a controversial new rule requiring DeFi platforms to implement KYC procedures and ...
A legal battle in Texas could shape the future of DeFi, as innovators challenge the IRS and Treasury’s controversial “broker” ...
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 ...
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 ...
Complying with those requirements is impossible if DeFi is to remain what it is, because complying with those requirements ...
The IRS delays crypto tax reporting rules to 2026, impacting cost basis regulations for digital assets on centralized ...
The IRS is going after decentralized finance (DeFi) brokers with a vendetta. If left, starting in 2027, these brokers will be ...
The recent Internal Revenue Service (IRS) reporting rule designating decentralized finance (DeFi) front-ends as brokerages ...
The Internal Revenue Service issued final regulations for sales and exchanges of digital assets on the new Form 1099-DA for ...
IRS classifies DeFi platforms as brokers, requiring KYC and reporting. The industry has to deal with compliance and blocking ...