United States of America: IRS regulations on reporting requirements for digital asset transactions by brokers
Progress
Scope
Timeline of events
Internal Revenue Service's regulations on reporting requirements for digital asset transactions by brokers was terminated
On 11 July 2025, the United States Department of the Treasury and the Internal Revenue Service (IRS) formally removed from the Code of Federal Regulations the final rule titled Gross Proceeds Reporting by Brokers That Regularly Provide Services Effe…
SourceImplemented IRS regulations on reporting requirements for digital asset transactions by brokers
On 28 February 2025, the United States Internal Revenue Service's (IRS) regulations requiring brokers to report digital asset transactions enter into force. The rules expand the definition of brokers to include decentralised finance (DeFi) platforms…
SourceAdopted IRS regulations on reporting requirements for digital asset transactions by brokers
On 30 December 2024, the United States Internal Revenue Service (IRS) adopted regulations requiring brokers to report gross proceeds in digital asset transactions. The rules expand the definition of brokers to include decentralised finance (DeFi) pl…
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