finalizes

The IRS has released final regulations on reporting requirements focused on sales, exchanges, transfers, and payment processing involving digital assets.Getty Earlier this summer, the U.S. Department of the Treasury and the IRS released…

What You Need To KnowThe IRS announced that it will now require brokers to file 1099 forms starting on January 1st, 2025. Notably, this does not include DeFi operations and non-hosted wallet providers.Moreover, reporting is also limited…

While people who own and sell cryptocurrency have always had to pay taxes on their earnings, a new rule finalized by the US Treasury Department can ensure that they're paying the proper amount on their sales. The new rule will require…

(Reuters) - The U.S. Treasury Department finalized a rule on Friday requiring cryptocurrency brokers, including exchanges and payment processors, to…