The Breakdown

The Treasury's Broker Definition Could Crush US Crypto

Aug 28, 2023
The podcast discusses the US Treasury's new guidance on crypto tax policy, specifically the updated definition of 'broker' that could impact decentralized finance. It covers concerns about reporting requirements for miners, validators, and self-hosted wallet providers. The podcast explores the potential consequences for the crypto industry and strategies to navigate the regulations. It also addresses the regulatory challenges and political environment surrounding crypto in the US.
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