House Panel Strikes Down IRS Crypto Rule—DeFi Just Scored a Major Win
A House committee has moved to repeal the IRS' controversial “DeFi Broker Rule,” arguing it would stifle innovation, overwhelm the...
IRS
Ways and Means Committee advances Rep. Mike Carey’s CRA to overturn IRS crypto rule
At a February 26 mark-up, the House Ways and Means Committee voted 26-16 to advance Rep. Mike Carey’s (R-Ohio) resolution...
House Panel Advances Bill To Repeal IRS DeFi Broker Rule
By Asha Glover · February 26, 2025, 4:49 PM EST House Ways and Means Committee Republicans advanced legislation that would...
Crypto firms ask Congress to roll back IRS rules for DeFi: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailOn today's CNBC Crypto World, bitcoin inches back...
Crypto Industry Mobilizes Against IRS DeFi Broker Reporting Requirement
The Blockchain Association has urged Congress to repeal the IRS rule classifying DeFi software as brokers, calling it regulatory overreach....
DeFi companies win reprieve on tax reporting
Decentralized finance companies are breathing a sigh of relief after the Treasury Department and the Internal Revenue Service gave them...
Treasury Department, IRS Issue Final Regulations and Transitional Guidance for Digital Asset Industry Applicable to Decentralized Finance Platforms
On December 30, 2024, the US Department of the Treasury and IRS issued final regulations providing guidance on tax...
Senator Ted Cruz to Challenge IRS Rule on DeFi Brokers – Binance
According to Odaily, U.S. Senator Ted Cruz plans to introduce a Congressional Review Act resolution next week to overturn a...
Republicans seek to overturn IRS crypto broker rule
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Congressional Republicans are working to reverse...
IRS to Require Third-Party Reporting on Crypto Transactions Starting in 2025 (Report)
Starting in 2025, cryptocurrency transactions on centralized exchanges (CEX) will fall under new IRS reporting requirements, marking a significant shift...