DeFi, IRS and Final Regulations

IRS Targets Front-End Services In DeFi Reporting Final Regulations
IRS issued much anticipated final regulations on DeFi informational reporting on December 27, 2024. This clarifies requirements and exclusions for DeFi participants.
IRS Final Broker Reporting Regulations for DeFi
The U.S. Treasury Department and the Internal Revenue Service (IRS) released final broker reporting regulations with respect to DeFi on December
IRS targets DeFi brokers with new tax reporting rules set for 2027
The IRS is going after decentralized finance (DeFi) brokers with a vendetta. If left, starting in 2027, these brokers will be required to report every dime made in crypto sales. The new rules fall under section 6045 of the Internal Revenue Code and are part of this big push to extend traditional tax regulations to
Understanding The New IRS DeFi Broker Tax Regulations
KYC and IRS tax reporting are coming to DeFi platforms as a result of the newly released DeFi broker tax regulations.
The IRS's New Broker Plan
It is the last Friday of 2024, so naturally there's a 115-page Internal Revenue Service final rule to dig through. The Infrastructure Investment
Blockchain Association files lawsuit against IRS over its new DeFi regulations
The Blockchain Association has filed a lawsuit against the Internal Revenue Service (IRS) over its new regulations for the decentralized finance (DeFi) sector. The group is fighting against new IRS laws that will classify some protocols in the DeFi sector as brokers.
Blockchain Advocates File Suit Challenging IRS DeFi Regulations
Blockchain advocates immediately challenged the final regulations imposing IRS reporting obligations on DeFi participants.
Ripple2h
Blockchain Groups Sue IRS Over DeFi Privacy Concerns
IRS classifies DeFi platforms as brokers, requiring KYC and reporting. The industry has to deal with compliance and blocking ...
Crypto industry groups sue IRS over broker reporting rule
Three crypto industry groups — the DeFi Education Fund, the Blockchain Association, and the Texas Blockchain Council — are ...
Hosted on MSN1d
DeFi has 3 options if IRS rules remain – Alex Thorn
The IRS’s new rules classify DeFi platforms as brokers and mandate KYC and transaction reporting. DeFi services must choose ...
Blockchain Association sues IRS over digital asset reporting rules: Law Decoded
The IRS issues new reporting rules for the DeFi space, while the Blockchain Association claims that the IRS violated the ...
The Daily Hodl3h
Blockchain Association Files Suit To Challenge IRS and Treasury Department’s DeFi Broker ‘Midnight’ Rulemaking
A prominent nonprofit crypto advocacy group is filing a lawsuit to dispute new reporting rules for decentralized finance ...