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Tag: reporting

DeFi Wins! Congress Axes IRS Crypto Reporting Rules (Finally!)
26 Apr 2025

DeFi Wins! Congress Axes IRS Crypto Reporting Rules (Finally!)

On April 10, 2025, President Trump signed legislation that caused many crypto market participants to panic. The bill would have, in practice, nullified the new digital asset reporting obligations for decentralized finance (DeFi) brokers. Such obligations had previously been established under Section 80603 of the Infrastructure Investment and Jobs Act...

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