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US Treasury, IRS propose cryptocurrency regulations for brokers

Brokers — referred to as “digital asset middlemen” in the regulatory proposal — will be required to provide information on gains and losses incurred during the sale of crypto assets.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

US Treasury, IRS propose cryptocurrency regulations for brokers

Brokers — referred to as “digital asset middlemen” in the regulatory proposal — will be required to provide information on gains and losses incurred during the sale of crypto assets.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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