According to Deep Tide TechFlow news on December 28, as reported by financefeeds, the U.S. Internal Revenue Service (IRS) has issued final regulations requiring brokers to report digital asset transactions, incorporating decentralized finance (DeFi) platforms into the existing tax framework. The rule will take effect in 2027 and will mandate brokers to disclose transaction details, including total earnings and taxpayer information. Brokers must start collecting and reporting data from 2026. The IRS estimates that between 650 and 875 DeFi brokers will be affected, potentially impacting up to 2.6 million taxpayers. These regulations primarily target 'frontend service providers' that facilitate digital asset trading through decentralized exchanges (DEX). According to the IRS, classifying these platforms as brokers will help ensure tax compliance.