Treasury and IRS Finalize Broker Rule, Defers DeFi Decision

The US Department of the Treasury and the Internal Revenue Service (IRS) have released new tax guidelines for cryptocurrency brokers, which implements transaction reporting starting from 2025. This new regime, however, has postponed decisions on DeFi activities and unhosted wallet providers, since the IRS is still reviewing the 44,000 comments made by the public. IRS’s The post Treasury and IRS Finalize Broker Rule, Defers DeFi Decision appeared first on CoinGape .

Source: CoinGape