Infrastructure Proposal | US Tax Agency: Temporary Suspension of Cryptocurrency Regulations Requiring Businesses to Report Transactions over $10,000

However, regardless of whether the encryption-specific tax law exists or not, the Ministry of Finance has confirmed that industries such as miners, wallet merchants, and DeFi engineers have not been actively included in the broker definition under the tax law. Therefore, the aforementioned individuals or companies may no longer have to worry about the KYC pressure derived from this tax law.