Analysis: DEX may benefit from the strict cryptocurrency tax laws in the United States

ChainCatcher news, according to Cointelegraph, U.S. cryptocurrency trading will be subject to third-party tax reporting requirements for the first time, reflecting the growing concern as the valuation of digital assets rises. Analysts say this change may drive investors toward decentralized platforms.

According to the final regulations released by the Internal Revenue Service (IRS), starting in 2025, centralized cryptocurrency exchanges (CEX) and other brokers will begin reporting the sales and exchanges of digital assets, including cryptocurrencies.

Blockchain expert Anndy Lian stated that some investors may view this as excessive intervention, which could lead more users to shift to decentralized trading platforms.