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 ...

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

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

Three crypto industry groups — the DeFi Education Fund, the Blockchain Association, and the Texas Blockchain Council — are ...

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 recent Internal Revenue Service (IRS) reporting rule designating decentralized finance (DeFi) front-ends as brokerages ...

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