Consensys Requests Delay In IRS Crypto Reporting Regulations https://yakihonne.s3.ap-east-1.amazonaws.com/953281df0361f1a7ff836841c2b978b8d606b035e7d07b8d148c72e50b4d78a7/files/1719001025579-YAKIHONNES3.webp Blockchain development firm Consensys formally requested the U.S. Internal Revenue Service (IRS) on June 21 to delay the implementation of proposed tax regulations requiring cryptocurrency brokers and exchanges to report digital asset transactions.
Consensys, a leading blockchain development firm, has requested a delay in the implementation of new cryptocurrency reporting regulations proposed by the U.S. Internal Revenue Service (IRS) . In a letter sent to the IRS, Consensys expressed concerns about the potential impact of the proposed regulations on self-custody wallet providers and the broader industry
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