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.
The decentralized finance (DeFi) market is poised for remarkable growth in 2025, with promising altcoins leading the charge.
The Internal Revenue Service issued final regulations for sales and exchanges of digital assets on the new Form 1099-DA for ...
The Internal Revenue Service (IRS) has posted final regulations regarding information reporting by brokers who affect ...
The IRS’s new rules classify DeFi platforms as brokers and mandate KYC and transaction reporting. DeFi services must choose ...
Analysts from Grayscale have added multiple Solana-based DeFi protocols to their watchlist as the ecosystem keeps growing.
The Cardano (ADA) price is set to end 2024 on a quiet note near $0.85, down sharply from its early December highs in the ...
A prominent nonprofit crypto advocacy group is filing a lawsuit to dispute new reporting rules for decentralized finance ...
The US IRS wants DeFi protocols to take user's KYC and report transactions for tax purposes, driving kickback from the DeFi ...
The recent Internal Revenue Service (IRS) reporting rule designating decentralized finance (DeFi) front-ends as brokerages ...
This new DeFi coin is set to go on a massive run soon, prompting Solana (SOL) and Cardano (ADA) holders to invest in its ...