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What the IRS Gets Wrong About DeFi and Crypto in Its Latest Tax Reporting Proposal

Given the negative impacts of the so-called "broker rule" for many non-custodial and open platforms, clear congressional authorization is required before the Treasury could expand the tax agency's remit, Marisa Coppel argued at a hearing.

Updated Jun 14, 2024, 7:10 p.m. Published Nov 14, 2023, 4:26 p.m.
U.S. Treasury Building (Nikhilesh De/CoinDesk)
U.S. Treasury Building (Nikhilesh De/CoinDesk)