IRS and US Treasury Officially Repeal Controversial Crypto Broker Tax Rule

The U.S. Treasury Department and IRS have officially tossed out a controversial rule that would’ve forced non-custodial crypto service providers to report customer transactions—bringing an end to a lengthy regulatory standoff. Controversial Crypto Reporting Requirement Officially Nullified Finalized in December 2024, the rule sought to widen broker reporting under Section 6045 of the tax code

Source: Bitcoin.com