COINTURK NEWS – Bitcoin, Blockchain and Cryptocurrency News and Analysis
XRP advocate Attorney John Deaton criticized the new cryptocurrency tax reporting rule released by the Biden administration. The regulation titled “Gross Income Reporting by Brokers Facilitating Digital Asset Sales,” presented by the IRS, is viewed negatively by Deaton in relation to decentralized finance (DeFi). Scope of the New Tax RulesCriticism of Attitudes Toward Cryptocurrencies Scope…