New IRS Tax Regulation for Decentralized Finance Platforms Effective January 1, 2027
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1 min read
The U.S. Internal Revenue Service (IRS) has recently introduced a new tax rule that will have significant implications for decentralized finance (DeFi) brokers. Starting in 2027, DeFi platforms will be required to collect user trading information, issue tax forms, and provide customer details such as names and addresses.
Source: coinpedia.org
