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.

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 ...

A legal battle in Texas could shape the future of DeFi, as innovators challenge the IRS and Treasury’s controversial “broker” ...

Complying with those requirements is impossible if DeFi is to remain what it is, because complying with those requirements ...

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

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

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

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 ...