@elliea

According to BlockBeats, on June 21, The Block reported that blockchain development company Consensys wrote to the IRS, requesting a delay in the implementation of a tax regulation proposal that requires brokers and trading platforms to report certain cryptocurrency sales. Consensys criticized the draft for lacking clear instructions and defining brokers too broadly, which could lead to multiple parties reporting the same transaction. The letter reads: "Certain regulations do not adequately take into account the burden on potential brokers, which currently include entities that traditionally have no reporting obligations."

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