US Treasury reiterates that the IRS won't consider crypto miners, stakers or coders to be brokers
In a letter to a group of senators, the Treasury has said that it does not plan to treat miners and stakers as brokers for the purposes of tax reporting. The concern comes after the Infrastructure Bill left such determinations up to the Treasury. In a February 11 letter seen by The Block, the Treasury reassured six concerned senators that it did not plan to treat crypto miners, stakers and wallet providers as brokers for tax purposes. "Existing regulations impose broker reporting obligations onl
