How the Crypto Industry Responded to the IRS Proposed Broker Rule

How the Crypto Industry Responded to the IRS Proposed Broker Rule


I was just going to write about spending several hours in a Costco, but luckily perhaps for all of us, there are somewhat more important things happening in crypto and regulation. Such as: we have just passed the first deadline for comments on the IRS proposal to classify certain types of crypto entities as brokers for tax reporting purposes. There’s going to be a public hearing later today (and tomorrow) discussing these comments, although the actual comment deadline has been extended by a few weeks.

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