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TechCrunch Industry News

Crypto industry groups sue IRS over broker reporting rule ... and more tech news

7 min31 december 2024

Three crypto industry groups — the DeFi Education Fund, the Blockchain Association, and the Texas Blockchain Council — are suing the Internal Revenue Service to block new regulations that require decentralized finance (DeFi) entities to report customer information. The IRS has been finalizing crypto tax regulations as part of the Biden Administration’s Infrastructure Investment.

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