Foresight News reports that the IRS has finalized rules requiring DeFi brokers to report total earnings from digital asset sales and provide customers with 1099 forms, collecting user transaction information, including names and addresses. The Treasury noted that the final rules apply to 'front-end service providers' who 'interact directly with customers,' meaning entities that operate major websites used to access decentralized protocols, rather than the protocols themselves. According to the document, the rules are expected to take effect on or after January 1, 2027. The idea of strengthening tax enforcement on digital asset service providers first emerged in the Infrastructure Investment and Jobs Act passed in 2021 to help pay for expenditures authorized by that act.