U.S. Treasury Issues Crypto Tax Regime For 2025, Delays Rules for Non-Custodians

U.S. Treasury Issues Crypto Tax Regime For 2025, Delays Rules for Non-Custodians

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Source: Coindesk.com

The U.S. Department of the Treasury's Internal Revenue Service will require crypto brokers to file 1099 forms like their traditional investment-firm cousins, but decentralized finance (DeFi) operations and non-hosted wallet providers will have to wait for their own rule later in the year. The rule released Friday will go into effect for transactions starting in 2025 and

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The post "U.S. Treasury Issues Crypto Tax Regime For 2025, Delays Rules for Non-Custodians" appeared first here Coindesk.com.

Source: Coindesk.com

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