IRS Sets 2025 Crypto Broker Tax Rules, Delays DeFi and Wallet Regulations

The U.S Department of the Treasury and the IRS introduce new crypto tax regulations slated for 2025, reserving the final say on DeFi and unhosted wallets. This regulation primarily aims to align the crypto reporting structure with traditional brokers, impacting millions within the crypto ecosystem. Highlighting the exemption clauses, ordinary trades for small quantities of