美國財政部和國稅局（IRS）公佈了一個稅務報告框架，該框架將影響快速成長的去中心化金融（DeFi）產業。

這個新的監管框架引入了幾項關鍵條款，旨在確保合規性並從快速擴張的行業中獲取稅收收入

The U.S. Treasury Department and the Internal Revenue Service (IRS) have unveiled a tax reporting framework that will affect the fast-growing decentralized finance (DeFi) sector.

美國財政部和國稅局（IRS）公佈了一個稅務報告框架，該框架將影響快速成長的去中心化金融（DeFi）產業。

This new regulatory framework introduces several key provisions designed to ensure compliance and capture tax revenue from the rapidly expanding industry.

這個新的監管框架引入了幾項關鍵條款，旨在確保合規性並從快速擴張的行業中獲取稅收。

Among the new requirements, DeFi protocols will now be obligated to implement Know-Your-Customer (KYC) procedures, a move that is likely to face strong opposition from within the Web3 community.

在新的要求中，DeFi 協議現在有義務實施了解你的客戶（KYC）程序，此舉可能會面臨 Web3 社群內部的強烈反對。

According to the framework published on Dec. 27, the Interface layer of DeFi platforms, which constitutes the primary user interaction through websites and applications, has been classified as brokers by the IRS due to their direct engagement with users.

根據 12 月 27 日發布的框架，DeFi 平台的介面層構成了透過網站和應用程式進行主要用戶互動的部分，由於與用戶直接接觸，因此已被 IRS 歸類為經紀人。

Consequently, decentralized exchanges (DEX) like Uniswap and wallet extensions are now required to comply with traditional broker regulations. This classification means that while the Application and Settlement layers remain exempt from these requirements, frontend platforms must ensure compliance, specifically by implementing KYC protocols to verify user identities.

因此，Uniswap 等去中心化交易所 (DEX) 和錢包擴展現在需要遵守傳統經紀商法規。這種分類意味著，雖然應用程式和結算層仍然不受這些要求的約束，但前端平台必須確保合規性，特別是透過實施 KYC 協定來驗證使用者身分。

Ideally, DeFi protocols, per the current operational model, are noncustodial. In addition to the name and transaction details, market experts believe the new reporting standard might require protocols to include addresses and other sensitive details.

理想情況下，根據當前的營運模式，DeFi 協議是非託管的。除了名稱和交易詳細資訊之外，市場專家認為新的報告標準可能要求協議包含地址和其他敏感詳細資訊。

Once the new compliance measures are in place, the IRS will mandate that DeFi brokers issue Form 1099 to their users for tax reporting purposes.

一旦新的合規措施到位，美國國稅局將要求 DeFi 經紀商向其用戶簽發 1099 表格以用於稅務報告。

Digital asset brokers must comply with new regulations starting January 1, 2025, while DeFi brokers have until January 1, 2027, to meet these requirements, acknowledging their current lack of sufficient systems for managing user data.

數位資產經紀商必須從 2025 年 1 月 1 日起遵守新規定，而 DeFi 經紀商必須在 2027 年 1 月 1 日之前滿足這些要求，承認他們目前缺乏足夠的系統來管理使用者資料。

Furthermore, real estate professionals using digital assets for transactions or closings after January 1, 2026, will face new reporting obligations, highlighting the increasing integration of digital assets in traditional industries like real estate.

此外，2026 年 1 月 1 日之後使用數位資產進行交易或結算的房地產專業人士將面臨新的報告義務，這突顯了數位資產在房地產等傳統行業中的日益一體化。

Under the regulations, DeFi brokers are required to report on all digital assets, including Non-Fungible Tokens (NFTs) and stablecoins. Some transaction types are exempt from immediate reporting obligations. This includes activities such as staking, lending transactions, wrapping and unwrapping, and liquidity provisions.

根據規定，DeFi 經紀商必須報告所有數位資產，包括不可替代代幣（NFT）和穩定幣。某些交易類型可以免除立即報告義務。這包括質押、借貸交易、打包和解包以及流動性規定等活動。

Aviva Aron-Dine, the acting assistant secretary for tax policy, stated that the revised framework aims to create a more equitable tax environment and establish uniform reporting requirements for all participants.

負責稅收政策的代理助理國務卿阿維瓦·阿倫-迪恩表示，修訂後的框架旨在創造更公平的稅收環境，並為所有參與者建立統一的報告要求。

“These proposals will help ensure that the tax burdens are fairly distributed among taxpayers who engage in digital asset transactions and that tax revenue is collected efficiently,” said Aron-Dine.

Aron-Dine 表示：“這些提案將有助於確保稅收負擔在參與數位資產交易的納稅人之間公平分配，並確保稅收收入得到有效徵收。”

However, the response to these new regulations has been mixed. Industry leaders, who previously resisted the tax proposal introduced by the agency last year, are expected to express similar opposition this time around.

然而，人們對這些新規定的反應不一。先前曾抵制該機構去年提出的稅收提案的行業領袖預計這次也會表達類似的反對意見。

Among them, Jake Chervinsky, the chief legal officer at Variant Fund, criticized the regulation as illegal, referring to it as the “dying gasp” of the anti-crypto faction as it loses its grip on power. He firmly asserted that the regulation must be struck down, whether through judicial intervention or by the incoming administration.

其中，Variant Fund 首席法律官傑克·切爾文斯基 (Jake Chervinsky) 批評該規定非法，稱其為反加密派失去權力後的「垂死喘息」。他堅定地宣稱，無論是透過司法幹預還是即將上任的政府，都必須廢除該規定。

“This regulation is illegal. It must be struck down, whether by the courts or the incoming administration. It’s the dying gasp of the anti-crypto faction as it loses its grip on power. We must ensure that this harmful overreach is stopped,” said Chervinsky.

「這個規定是非法的。無論是法院還是即將上任的政府，都必須推翻它。這是反加密派系失去權力時的垂死喘息。我們必須確保停止這種有害的過度行為，」切爾文斯基說。

In related news, Bill Hughes, a senior attorney at Consensys, believes the outgoing administration will encounter resistance in implementing new rules, particularly with Congress having the power to reject them, especially the repeal of Staff Accounting Bulletin (SAB) 121.

在相關新聞中，Consensys 的資深律師 Bill Hughes 認為，即將卸任的政府在實施新規則時將遇到阻力，特別是國會有權拒絕這些規則，尤其是廢除《員工會計公報》(SAB) 121。

“The outgoing administration will face an uphill battle implementing new rules, especially with Congress having the power to reject them (e.g., the repeal of SAB 121). Trump supporters are optimistic about Scott Bessent becoming Treasury Secretary as he is pro-crypto,” said Hughes.

「即將卸任的政府將面臨實施新規則的艱苦鬥爭，特別是國會有權拒絕這些規則（例如廢除 SAB 121）。川普的支持者對斯科特貝森特 (Scott Bessent) 成為財政部長持樂觀態度，因為他支持加密貨幣。

Meanwhile, Trump’s supporters are optimistic about Scott Bessent becoming Treasury Secretary, as he is pro-crypto and may be more responsive to industry advocates than the former secretary, Janet Yellen.

與此同時，川普的支持者對斯科特·貝森特（Scott Bessent）成為財政部長持樂觀態度，因為他支持加密貨幣，並且可能比前財長珍妮特·耶倫（Janet Yellen）更能回應產業倡導者的意見。