The Impact of IRS Broker Rule on Cryptocurrency Exchanges
Amidst the holiday season and the transition to the New Year, the IRS made a significant move by finalizing the Broker Rule during the final days of the Biden administration. This rule mandates all cryptocurrency exchanges, whether custodial or non-custodial, dealing with fiat to crypto or crypto to crypto transactions, to implement Know-Your-Customer (KYC) measures […]
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