IRS to Require Third-Party Reporting on Crypto Transactions Starting in 2025 (Report)
From the year 2025 onwards, centralized crypto exchanges (CEX) transactions will be subject to revised Internal Revenue Service (IRS) reporting rules, signifying a substantial change in the digital asset investment landscape. For the initial time, transactions processed via custodial accounts on platforms such as Coinbase and Gemini will now be required to undergo third-party reporting … Read more