United States of America: Senate Bill S.4751 outlining digital asset reporting requirements

On 3 January 2023, the “Bill to revise the definition of a broker for purposes of certain reporting requirements with respect to digital asset transfers under the Internal Revenue Code of 1986, and for other purposes” was rejected after failing to p…

On 3 August 2022, the Bill 4751 outlining exemptions from digital asset transactions reporting requirements was introduced in the United States Senate. In particular, the Bill provides a definition for “broker” and states that entities providing mi…