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.

IRS issued much anticipated final regulations on DeFi informational reporting on December 27, 2024. This clarifies ...

The Internal Revenue Service (IRS) has posted final regulations regarding information reporting by brokers who affect ...

The Internal Revenue Service issued final regulations for sales and exchanges of digital assets on the new Form 1099-DA for ...

The IRS’s new rules classify DeFi platforms as brokers and mandate KYC and transaction reporting. DeFi services must choose ...

IRS classifies DeFi platforms as brokers, requiring KYC and reporting. The industry has to deal with compliance and blocking ...

The U.S. Internal Revenue Service (IRS) issued final regulations requiring brokers to report digital asset transactions, ...

The latest DeFi guidelines are set to take effect on January 1, 2027. The crypto community has taken to social media to ...

The US IRS wants DeFi protocols to take user's KYC and report transactions for tax purposes, driving kickback from the DeFi ...

The Blockchain Association has filed a lawsuit against the IRS over new DeFi regulations, challenging broker classification ...

The Blockchain Association has filed a lawsuit against the Internal Revenue Service (IRS) over its new regulations for the ...