When we want to understand the new IRS proposed regulations on digital asset brokers, Ian Andrews (CMO, Chainalysis) knows to speak to Roger Brown (Global Head of Tax Strategy, Chainalysis) before anyone else. Roger does an excellent job demystifying who is going to be captured by the proposed regs and defines key terms in the regulations such as brokers, digital asset middlemen and persons that will be impacted by the proposed legislation. He also dissects the impact of these new tax rules on crypto exchanges, payment processors, decentralized platforms, and even DAOs to and describes what facilitative services are that are material to being captured under the regs. Ian and Roger also discuss how travel rule requirements may be sufficient to satisfy tax rule reporting and highlight the importance of assessing effective KYC obligations.Minute-by-minute episode breakdown((((((((((Related resourcesCheck out more resources provided by Chainalysis that perfectly complement this episode of the Public Key.Report:  The Chainalysis 2023 Geography of Cryptocurrency Report (Available Now) IRS Proposed Regulations: Gross Proceeds and Basis Reporting by Brokers and Determination of Amount Realized and Basis for Digital Asset TransactionsBlog: IRS Update: U.S. Proposed Tax Regulations Outline Information Reporting Obligations for Crypto Exchanges and OthersBlog:  Reporting Obligations of the OECD Crypto Asset Reporting FrameworkBlog: Infrastructure Investment Act Expands Tax Reporting Obligations for Cryptocurrency Exchanges and OthersReport: Notabene: The State of Crypto Travel Rule Compliance Report 2023Webinar: Global crypto adoption: Does regulation matter for growth? (Nov. 2 2023 at 11am ET | 3pm GMT) with Kim Grauer and Caroline MalcolmYouTube: Chainalysis YouTube page Twitter: Chainalysis Twitter: BuildCareers at Chainalysising trust in blockchainTik Tok: Building trust in #blockchains among people, businesses, and governments.Telegram: Chainalysis on Telegram Speakers on today’s episodeIan Andrews * Host * (Chief Marketing Officer, Chainalysis) Roger Brown (Global Head of Tax Strategy, Chainalysis)This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein.Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material.Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material. Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company.