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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.
Connect with BPI:
Visit our website: https://www.btcpolicy.org/
Subscribe to our newsletter: https://nlszrh07ehz.typeform.com/to/Vf0JGPmA?typeform-source=www.btcpolicy.org
By Bitcoin Policy InstituteZack 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.
Connect with BPI:
Visit our website: https://www.btcpolicy.org/
Subscribe to our newsletter: https://nlszrh07ehz.typeform.com/to/Vf0JGPmA?typeform-source=www.btcpolicy.org