Tag: financial regulation

Trump Administration Rolls Back Crypto Reporting Mandates for DeFi

Trump Administration Rolls Back Crypto Reporting Mandates for DeFi

So when President Trump signed legislation on April 10, 2025, repealing any digital asset reporting obligation for decentralized finance (DeFi) brokers, the legislation took effect immediately. This shift goes back on a provision included in last year’s Infrastructure Investment and Jobs Act (IIJA). It has incited uproar and concern across...

Crypto Tax Nightmare: Millions at Risk Due to Systemic Failures

Crypto Tax Nightmare: Millions at Risk Due to Systemic Failures

Cryptocurrency can be an amazing tool and investment with great potential. The tax rules can get pretty complicated. Many crypto investors are facing a harsh reality: widespread failures in crypto tax reporting. These glaring failures expose millions of taxpayers to unnecessary risk of audit, penalty, and even criminal prosecution. This...