Blockchain Association Raise Concerns on IRS Proposed Broker Rule

They argue it's unreasonable to spend $254 billion to close a $10 billion tax gap. They argue that enacting these rules would overwhelm the system with 8 billion 1099-DA tax forms.
They argue it's unreasonable to spend $254 billion to close a $10 billion tax gap. They argue that enacting these rules would overwhelm the system with 8 billion 1099-DA tax forms.
The Blockchain Association has responded to a US Senator's criticism of government-related hiring in the crypto sector.
Key Takeaways The Blockchain Association, once again, is rallying behind six plaintiffs in their legal battle against the U.S. Treasury Office of Foreign Assets Control (OFAC) over sanctions on Tornado Cash. In a recent amicus curiae brief submitted on November…