U.S. Treasury Issues Crypto Tax Regime For 2025, Delays Rules for Non-Custodians
Briefly

from Coindesk8 months ago
The U.S. IRS will need crypto brokers to report transactions from 2025 with cost basis monitoring from 2026, exempting some stablecoin sales and setting a $600 threshold for NFT profits.
Coindeskhttps://www.coindesk.com/policy/2024/06/28/us-treasury-issues-crypto-tax-regime-for-2025-delays-rules-for-non-custodians/
The IRS's new rules focus on trading platforms and custodial services, delaying decisions on non-custodial businesses like DeFi platforms and non-hosted wallets for a later rule release.
Coindeskhttps://www.coindesk.com/policy/2024/06/28/us-treasury-issues-crypto-tax-regime-for-2025-delays-rules-for-non-custodians/
Read at Coindesk
#irs-regulations #crypto-brokers #tax-regime #cryptocurrency-transactions #defi
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