US House votes to overturn IRS defi broker rule

2025-3-12 09:34

Lawmakers in the United States have voted to scrap the Internal Revenue Service’s controversial rule that would have forced decentralized finance platforms to report user transactions. The motion against the IRS DeFi broker rule saw bipartisan support, with the U.S.… origin »

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rule broker defi irs user transactions forced

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Источник: Cripyo.news

rule broker → Результатов: 20

Trump signs bill revoking controversial IRS DeFi broker rule into law

President Donald Trump has officially signed into law a resolution repealing the IRS DeFi Broker Rule established by the Biden administration. According to an Apr. 10 press release statement from Rep.

2025-4-11 06:17	US Senate
rule broker law trump defi irs according

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White House supported the cancelation of a notorious Broker DeFi Rule adopted in December of 2024

On Mar. 4, the U.S. Senate released the Congressional Review Act to rescind a Biden-era regulation commonly known as the Broker DeFi Rule. This rule required decentralized finance platforms to share user data with the Internal Revenue Service. The CRA…

2025-3-5 23:32	Regulation
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Blockchain Association objects to IRS broker rule in letter

The Washington DC-based blockchain advocacy group argued the IRS' broker rule provisions violate the Paperwork Reduction Act.

2024-6-23 00:45
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IRS Unveils Form Your Broker May Send Next Year to Report Your Crypto Moves

The U.S. Internal Revenue Services (IRS) has previewed what crypto investors' future tax form might look like when it finishes its much-debated rule on how cryptocurrency transactions should be reported to the federal government.

2024-4-20 20:50
irs crypto your form finishes much-debated government

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The IRS Should Offer a Free Tax Reporting Tool to DeFi Users

Blockchain is not the problem, it is the solution to the problem the U.S. tax agency wants to solve through its highly controversial "broker rule."

2023-11-14 17:38	Regulation
problem tax through solve wants agency highly

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How the Crypto Industry Responded to the IRS Proposed Broker Rule

The U.S. Treasury Department and IRS are poised to bring fresh crypto tax reporting rules into effect. The crypto industry largely seems opposed – the majority of comments I read urged caution or raised concerns about the proposal as written while only a relative few seemed to support it.

2023-11-8 20:30	Regulations
crypto irs industry raised caution concerns comments

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IRS Proposed Rule on Digital Asset Broker Reporting Could Kill Crypto in America

The proposal creates unworkable requirements for decentralized finance in the U.S. and serves as an important cautionary tale.

2023-9-26 16:42	top news
decentralized finance requirements unworkable serves cautionary tale

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ING Bank Launches ‘Travel Rule Protocol’ to Ease FATF Compliance for Crypto Businesses

In a report released earlier on Tuesday, ING launched the TRP joining forces with Standard Chartered, Fidelity Digital Assets, and several crypto-native firms, including BitGo, Crypto Broker AG, Metaco, 21 Analytics and OSL/BC Group.

2020-6-25 00:05	Announcements
ing crypto digital assets several fidelity chartered

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SEC: Broker-Dealers With Custody Must Comply With Customer Protection Rule

The US SEC in a joint statement outlines factors for licensing and simultaneously giving direction on matters custody for broker dealers. The post SEC: Broker-Dealers With Custody Must Comply With Customer Protection Rule appeared first on Ethereum World News.

2019-7-12 13:00
custody sec rule protection broker-dealers customer must

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Op Ed: SEC’s Latest Declaration Creates Legal Minefield for Digital Assets

On November 16, 2018, the U. S. Securities and Exchange Commission (SEC) issued a public statement clarifying its intent to regulate activities involving the issuance and trading of digital assets.

2018-11-21 01:44	Op-ed
digital sec assets securities exchange act registration

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SEC Broker Standards Rule Falls Far Short

In a market plagued by conflicts of interest, brokers too often steer investors into poorly performing, high-cost investments that are profitable for the broker, but bad for individual investors. The Securities and Exchange Commission has proposed a new regulation that purports to address the problem, but its remedy is too vague and too weak. By […]

2018-8-8 17:35	News
too investors broker proposed new commission exchange

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