IRS and US Treasury Officially Repeal Controversial Crypto Broker Tax Rule

by CryptoExpert

July 11, 2025

in Regulation

IRS and US Treasury Officially Repeal Controversial Crypto Broker Tax Rule

The U.S. Treasury Department and IRS have officially tossed out a controversial rule that would’ve forced non-custodial crypto service providers to report customer transactions—bringing an end to a lengthy regulatory standoff. Controversial Crypto Reporting Requirement Officially Nullified Finalized in December 2024, the rule sought to widen broker reporting under Section 6045 of the tax code […]

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