A prominent nonprofit crypto advocacy group is filing a lawsuit to dispute new reporting rules for decentralized finance (DeFi) brokers. In a …
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IRS
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Regulation
Blockchain Association Files Lawsuit Against IRS Over New DeFi Regulations
by shayaanby shayaanRecently, the U.S. Internal Revenue Service (IRS) has announced new regulations that classify certain decentralized finance (DeFi) protocols as brokers. This move …
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Andreessen Horowitz’s blockchain arm, A16z Crypto, has criticized the US Internal Revenue Service (IRS) and the Treasury Department over their new DeFi …
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Regulation
Biden’s New Crypto Rule Shakes Entire Industry – Full IRS Oversight Incoming
by shayaanby shayaanThe U.S. Treasury’s sweeping IRS rule forces crypto platforms to track and report all transactions, igniting fierce industry backlash and looming legal …
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Regulation
Crypto Stakeholders Protest As U.S. Treasury Department and IRS Finalize New DeFi Broker Reporting Rule
by shayaanby shayaanCrypto stakeholders are protesting as the U.S. Department of the Treasury and the Internal Revenue Service (IRS) finalize new reporting rules for …
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Regulation
Treasury and IRS finish broker rules for DeFi, require KYC from protocols
by shayaanby shayaanThe US Department of the Treasury and the Internal Revenue Service (IRS) have released the final version of its broker rules to …
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Regulation
Elon Musk says his D.O.G.E is going after the IRS, plans to cut its budget
by shayaanby shayaanElon Musk is coming for one of Washington’s biggest targets: the Internal Revenue Service. Joined by entrepreneur Vivek Ramaswamy, the eccentric billionaire …
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Regulation
Blockchain Association wants Trump to replace SEC, IRS, and Treasury leaders
by shayaanby shayaanThe Blockchain Association, a nonprofit representing crypto and blockchain businesses in the U.S., sent a letter to president-elect Donald Trump and Congress …
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