On December 23 the Internal Revenue Service announced that it would be delaying requirements that crypto brokers report transactions involving digital assets. The new rules, signed into law as part of the bipartisan infrastructure bill in 2021, now will not take effect until the agency carries out its normal rulemaking procedure for this matter. The rules were supposed to take effect in the 2023 tax filing year, but the agency has not yet published a definition of the term “broker.”