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IRS Proposed Rule on Digital Asset Broker Reporting Could Kill Crypto in America

The proposal creates unworkable requirements for decentralized finance in the U.S. and serves as an important cautionary tale.

The U.S. Internal Revenue Service has been poised to propose major tax rules for crypto. (Jesse Hamilton/CoinDesk)
The U.S. Internal Revenue Service has been poised to propose major tax rules for crypto. (Jesse Hamilton/CoinDesk)