🚀 Breaking news from the IRS: New regulations require DeFi platforms to report digital asset transactions! 🎉
- Starting in 2027, brokers must report profits from selling crypto and other digital assets.
- The regulation applies to front-end platforms such as decentralized exchanges.
- DeFi front-ends are considered brokers if they have sufficient control over transactions.
- The IRS asserts there is no favoritism, merely applying rules that have existed for 40 years.
👉 What do you think about the impact of this regulation on the DeFi market? Share your thoughts! 💬