🇺🇸USA Wants DEX
Exchanges and DeFi to Pay Taxes
Today’s news is that the U.S. Internal Revenue Service (IRS) has issued final rules requiring brokers to report transactions involving digital assets, expanding existing reporting requirements to include interface platforms such as decentralized exchanges. The IRS classifies DeFi protocols as brokers. The crypto market reacted negatively
to the IRS decision and called on Congress to block the new rules for DeFi brokers.
🪙Galaxy Digital predicts that the U.S. government will not buy Bitcoin in 2025 but will maintain its existing holdings.
🪙VolatilityShares has applied for a futures
ETF for Solana. According to Citi Bank, the adoption of stablecoins and cryptocurrency ETFs will contribute to the growth of efficiency in digital
assets in 2025.
⚡️Robert Kiyosaki predicts that by 2025, the price of Bitcoin will reach $350,000, urging for self-custody of funds instead of ETFs.