The IRS and the U.S. Treasury Department have completed a comprehensiveย set of regulationsย targeting brokers involved in virtual asset transactions.
Theย new rules, set to appear in the Federal Register on December 30, impose significant reporting obligations on brokers, including some decentralized finance (DeFi) platforms. Brokers are required by the legislation to keep an eye on and report user activity, including transactions involving assets such asโฆ
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