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.

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” ...

KYC and IRS tax reporting are coming to DeFi platforms as a result of the newly released DeFi broker tax regulations.

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 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 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 ...