IRS Targets Front-End Services In DeFi Reporting Final Regulations
IRS issued much anticipated final regulations on DeFi informational reporting on December 27, 2024. This clarifies requirements and exclusions for DeFi participants.
IRS targets DeFi brokers with new tax reporting rules set for 2027
The IRS is going after decentralized finance (DeFi) brokers with a vendetta. If left, starting in 2027, these brokers will be required to report every dime made in crypto sales. The new rules fall under section 6045 of the Internal Revenue Code and are part of this big push to extend traditional tax regulations to
Crypto Community Reacts To New IRS DeFi Reporting Rules
The latest DeFi guidelines are set to take effect on January 1, 2027. The crypto community has taken to social media to express its grievances after the U.S. Treasury and Internal Revenue Service (IRS) launched their updated DeFi tax reporting requirements on Friday.
Understanding The New IRS DeFi Broker Tax Regulations
KYC and IRS tax reporting are coming to DeFi platforms as a result of the newly released DeFi broker tax regulations.
IRS Publishes New Crypto Tax Guidelines Focusing on DeFi Servicecs
The IRS introduces new crypto tax guidelines, requiring DeFi brokers to report detailed transaction data via Form 1099-DA by 2027.
The IRS's New Broker Plan
It is the last Friday of 2024, so naturally there's a 115-page Internal Revenue Service final rule to dig through. The Infrastructure Investment
cryptopolitan5h
New $0.12 DeFi Coin Is Exhibiting Early Signs of a Massive Run While Solana and Cardano Holders Don’t Want To Be Left Out
This new DeFi coin is set to go on a massive run soon, prompting Solana (SOL) and Cardano (ADA) holders to invest in its ...
IRS DeFi broker rule ‘absolutely should be challenged,’ says Uniswap CLO
Crypto executives and legal professionals are doubtful that the United States Internal Revenue Service’s (IRS) new ruling, ...
CoinDesk7d
DeFi Protocol Usual's Surge Catapults Hashnote's Tokenized Treasury Over BlackRock's BUIDL
Hashnote's USYC is the primary backing asset of the red-hot decentralized finance protocol Usual, whose USD0 stablecoin ...
Impacts1d
Bridging Sports and DeFi: Must-Follow Projects for 2025
Sports fans represent one of the most active and loyal communities, making them a perfect audience for projects aiming to ...
Unified trading and trustless bridging can solve DeFi liquidity fragmentation
Backed by $8.5 million in funding, this platform aims to enhance liquidity and resilience while streamlining the user ...
Crowdfund Insider4d
DeFi Protocol Compound Finance Launches $1M Bug Bounty Program on Immunefi
Compound Finance launched a $1 million bug bounty program on Immunefi in order to enhance the security of its platform.