U.S. Senate Advances Bill to Overturn IRS Reporting Rules for DeFi Platforms – Binance
Previously, the IRS mandated that DeFi brokers report the total proceeds from digital asset sales and provide customers with Form...
Reporting
Senate Overturns IRS DeFi Reporting Rule
The Senate has decided to reverse a divisive Internal Revenue Service (IRS) rule that would have compelled distributed finance (DeFi)...
Crypto scam reporting needs to move ‘under one umbrella’ — Coinbase CSO
The reporting of crypto scams in the United States is currently handled by a patchwork of agencies that should be...
US Senate Votes to Repeal IRS DeFi Reporting Rule
In the latest pro-crypto pivot in the US, the Senate has quashed a rule submitted by the Internal Revenue Service...
US lawmakers supported by White House to challenge IRS rules on DeFi reporting
US lawmakers are preparing a Congressional Review Act (CRA) that will challenge the Internal Revenue Service’s (IRS) broker rules, which...
Senate Votes to Repeal IRS DeFi Reporting Rule | Flash News Detail
On March 4, 2025, the U.S. Senate made a significant decision by voting to repeal the IRS Defi Reporting Rule,...
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....
Stricter Reporting, But a Temporary Safe Harbor Offers Relief!
New IRS Crypto RulesNew IRS Crypto Rules: The Internal Revenue Service (IRS) has rolled out new regulations on cryptocurrency tax...
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...
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...