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

According to Cointelegraph, cryptocurrency transactions in the United States will for the first time be subject to third-party tax reporting requirements, reflecting growing concerns as digital asset valuations rise. Analysts say this change could prompt investors to turn to decentralized platforms.

Under final regulations issued by the U.S. Internal Revenue Service (IRS), centralized cryptocurrency exchanges (CEX) and other brokers will begin reporting sales and exchanges of digital assets, including cryptocurrencies, from 2025.

Blockchain expert Anndy Lian suggests that some investors may see this as over-regulation, which could encourage more users to switch to decentralized trading platforms.