Digital Asset Broker Regulations Target DeFi Platforms and Payment Processors

The Internal Revenue Service (IRS) and the Department of the Treasury issued a 282 page notice of proposed rulemaking regarding digital assets and broker reporting on Aug. 26 (the Proposed Regulations), nearly two years after the enactment of the Infrastructure Investment and Jobs Act that expanded the broker reporting rules to include brokers of digital assets….
By: BakerHostetler
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A Survey of the US AI Regulatory Landscape