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Sweeping U.S. Tax Proposal Met With Boos From Crypto World

Minutes after the U.S.’s long-awaited proposal for taxing crypto gains went public, objections erupted from those tied to decentralized operations counted as “brokers.”

Updated Aug 28, 2023, 3:18 p.m. Published Aug 25, 2023, 3:23 p.m.
The new crypto tax proposal from the U.S. Treasury Department has been met with instant objections by some in the industry. (Jesse Hamilton/CoinDesk)
The new crypto tax proposal from the U.S. Treasury Department has been met with instant objections by some in the industry. (Jesse Hamilton/CoinDesk)