IRS Introduces Temporary Relief Measure for Crypto Holders Using CeFi Brokers
The US Internal Revenue Service (IRS) has introduced a temporary relief measure to help cryptocurrency holders using centralized finance (CeFi) brokers navigate the upcoming changes in tax regulations. The relief aims to mitigate complications caused by Section 6045 custodial broker regulations, which take effect on January 1, 2025. These regulations require CeFi brokers to report … Read more