The IRS has postponed its enforcement of new crypto cost-basis reporting rules until December 31, 2026. This delay provides brokers with additional time to comply with the upcoming regulations. During a recent podcast episode of Thinking Crypto, host Tony Edward discussed the impact these requirements could have had on centralized crypto platforms.
In parallel to these developments, BlackRock has made a significant move by joining the race in the stablecoin market. This highlights the increasing attention and involvement of major financial institutions in the digital currency sector, influencing its future dynamics.