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Saturday, September 20, 2025

Home
Cryptocurrency
- Bitcoin
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- Litecoin
- Altcoin
- Cardano
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Regulation
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Home
Cryptocurrency
- Bitcoin
- Ethereum
- XRP
- Litecoin
- Altcoin
- Cardano
- Tether
- DOGE
- Solano
- XLM
- DOT
- XDC
- SHIBA
- BNB
- Ape
- HBAR
- QNT
Blockchain
Regulation
Market
Live
- Prices
- ICO
Meta
- NFT
Technical Analysis
- XRP
- BTC
- XLM
- ADA
- TETHER
- ETC
- ETH
- DOGE
- LTC
Exchange
Mining

No Result

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Ledger Nano X - The secure hardware wallet

Coin Center on the Proposed IRS Broker Rules

14 November 2023

in Blockchain

Reading Time: 1 mins read

Coin Center on the Proposed IRS Broker Rules

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The so-called broker rule, laid out by the IRS in a tax reporting proposal has been at times called unconstitutional, unprecedented in scope and an existential threat for the cryptocurrency industry. Indeed, by expanding the definition of a broker — a well-defined term in the context of traditional finance, with some analogues in the digital asset industry — to just about anything that touches code in crypto, the proposed rule would likely be “overbroad.” The rule has been officially adopted, the IRS is holding back-to-back hearings on the proposal, and has extended the public comment period — over 120,000 responses have already been filed.

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