IRS Is About To Relax Tax Rules For Crypto Giants In the US

**IRS Set to Ease Crypto Tax Burden: 15% Minimum Tax on Digital Assets Under Review**

The Internal Revenue Service (IRS) and US Treasury Department are moving to relax controversial tax regulations that would have imposed a 15% minimum tax on unrealized gains for cryptocurrency companies. This significant policy shift could provide substantial relief for major crypto giants operating in the United States, potentially saving the industry millions in tax obligations.

The proposed rule changes come as the cryptocurrency market continues its recovery, with Bitcoin and other digital assets gaining renewed institutional interest. The original tax framework targeted unrealized gains from digital asset holdings, creating concerns among blockchain companies, DeFi platforms, and cryptocurrency exchanges about operational costs and compliance burdens.

This regulatory development signals a more crypto-friendly approach from federal tax authorities, potentially boosting market sentiment across the broader cryptocurrency ecosystem. The relaxed tax rules could encourage greater institutional adoption of Bitcoin, Ethereum, and other digital currencies while supporting the growth of decentralized finance (DeFi) protocols and blockchain innovation in the US market.