IRS Issues Long-Awaited DeFi Regulations

美国国税局 (IRS) 发布期待已久的 DeFi 法规

The Internal Revenue Service (IRS) has published its regulations for decentralized finance (DeFi), marking a substantial shift for trading platforms and their clientele.

美国国税局 (IRS) 发布了去中心化金融 (DeFi) 法规，标志着交易平台及其客户发生了重大转变。

Target Audience and Impact

目标受众和影响

While these regulations primarily target DeFi trading platforms, they will also affect the operations of these platforms and the user experience.

虽然这些规定主要针对的是 DeFi 交易平台，但它们也会影响这些平台的运营和用户体验。

KYC and Reporting Requirements

KYC 和报告要求

Section 6045 of the US tax code requires brokers to gather know-your-customer (KYC) data, compute gains and losses, and report them to the IRS. Last year, this mandate was extended to custodial cryptocurrency brokers (CeFi). The IRS has now clarified its application to the DeFi ecosystem.

美国税法第 6045 条要求经纪商收集了解你的客户 (KYC) 数据、计算损益并向 IRS 报告。去年，这一授权扩展到托管加密货币经纪人（CeFi）。美国国税局现已明确其在 DeFi 生态系统中的应用。

Classification of DeFi Layers

DeFi 层的分类

• Interface Layer: Allows user interaction with DeFi platforms through visuals and controls.
• Application Layer: Facilitates trade execution, verifying and recording blockchain transactions.
• Consensus Layer: Records financial transactions on the distributed ledger, including DeFi-executed asset trades.

New Reporting Obligations

界面层：允许用户通过视觉和控件与 DeFi 平台进行交互。应用层：促进交易执行，验证和记录区块链交易。共识层：记录分布式账本上的金融交易，包括 DeFi 执行的资产交易。新的报告义务

The IRS classifies Interface Layer platforms as "intermediaries" under these regulations. These platforms will face stricter reporting requirements from January 1, 2027:

根据这些法规，美国国税局将接口层平台归类为“中介”。从 2027 年 1 月 1 日起，这些平台将面临更严格的报告要求：

• Collecting KYC information at onboarding.
• Tracking transactions and reporting income via Form 1099-DAs.

Impact on DeFi Platform Customers

在入职时收集 KYC 信息。通过 1099-DA 表格跟踪交易并报告收入。对 DeFi 平台客户的影响

Customers of front-end DeFi platforms can anticipate:

前端 DeFi 平台的客户可以预期：

• KYC Verification: Personal identification information will be required during onboarding.
• Tax Reporting: While platforms report income, users are still responsible for calculating gains and losses using crypto tax software.

This announcement does not constitute investment advice.

KYC验证：入职时需要提供个人身份信息。税务报告：平台报告收入的同时，用户仍有责任使用加密税务软件计算损益。本公告不构成投资建议。