On August 29, 2023, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) unveiled proposed regulations on the sale and exchange of digital assets by brokers. This move is a component of the Biden-Harris Administration's rollout of the Infrastructure Investment and Jobs Act (IIJA) and aims to mitigate tax evasion through digital assets and narrow the tax gap.

I have published an e-book guiide to assist readers in understanding these proposed regs. Here's a link