The Internal Revenue Service (IRS) has shared a recent crypto tax requirement to report crypto transactions. These rules will apply to brokers on centralized exchanges (CEXs). They are intended to foster better tax compliance and more accurate reporting of digital asset transactions. The Form 1099-DA is a vital development towards the regulation of cryptocurrencies by […]
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source: https://www.thecoinrepublic.com/2025/01/17/new-irs-crypto-tax-reporting-rules-to-begin-in-2025-here-is-what-to-know/