The IRS isnโt just going after Coinbase and Kraken anymore. DeFi protocols like Uniswap are now in the crosshairs โ and the new 1099-DA broker-dealer rules could reshape crypto forever.
In this episode, we break down:
What Form 1099-DA is โ and when it goes live
Why Coinbase, Kraken, Uphold & Robinhood must comply
The controversial DeFi broker rule dropped in Dec 2024
How Uniswap could be forced to KYC its users
Legal and political pushback brewing in 2025
๐ข If you're using DeFi, this could directly impact your tax situation. Stay informed. Stay ahead.
๐ Get expert help and learn more: CryptoTaxAudit.com/1099
On Purpose with Jay Shetty
Iโm Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and Iโm so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood youโre able to deal with relationship struggles, work challenges and lifeโs ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them weโve never seen before. New episodes every Monday and Friday. Your support means the world to me and I donโt take it for granted โ click the follow button and leave a review to help us spread the love with On Purpose. I canโt wait for you to listen to your first or 500th episode!
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