U.S. Businesses Not Required to Report Certain Transactions Involving Digital Assets Until Regulations are Issued

The U.S. IRS announced on 16 January 2024 that businesses do not have to report certain transactions involving digital assets until regulations are issued.

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Treasury and IRS announce that businesses do not have to report certain transactions involving digital assets until regulations are issued

WASHINGTON — The Treasury Department and Internal Revenue Service today issued an announcement informing businesses that they do not have to report the receipt of digital assets the same way as…