IRS "Broker" Rule Change with Zack Shapiro

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Bitcoin Policy Institute

24 episodes

3 days ago

The BPI team comprises experts in economics, law, philosophy, energy, and environmental science, working together to explore the impacts of new technology on existing US public policy interests. Below you'll find a variety of shows featuring BPI fellows, staff and guests, all of which explore the intersection of Bitcoin and United States policy.

Education

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Education

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IRS "Broker" Rule Change with Zack Shapiro

Bitcoin Policy Institute

23 minutes 25 seconds

6 months ago

IRS "Broker" Rule Change with Zack Shapiro

Zack Shapiro is Head of Policy at the Bitcoin Policy Institute and the Managing Partner at his law firm, Rains. Zack joins us today to discuss a final regulation implementation by the IRS which would redefine the category of "brokers" to include non-custodial platforms. This rule subjects developers of these platforms to stringent reporting requirements which would undermine the peer-to-peer nature of their tools. We break down what the rule is and what impacts it would have, if it goes unchallenged.

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