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Yes, the IRS taxes NFTs as property, and that single fact drives everything else. Creators who mint and sell generally owe ordinary income tax (and often self-employment tax); collectors who buy, hold, and flip owe capital gains or losses on each sale. Art-like or “collectible” NFTs may be subject to a higher long-term capital gains…

DeFi explained simply: decentralized finance is a blockchain-based financial system where lending, trading, payments, asset management, and insurance run through smart contracts instead of banks, brokers, or payment processors. Most activity still centers on Ethereum and EVM-compatible networks, but the DeFi stack now spans Layer 2 rollups, bridges, stablecoins, tokenized real-world assets, and AI-assisted automation.

The CLARITY Act could become the first full U.S. federal market structure law for digital assets. As of mid-2026, the Digital Asset Market Clarity Act of 2025 has passed the House and cleared a key Senate Banking Committee vote, but it has not yet become law. That distinction matters. Its impact on crypto exchanges, token…

Out in the open, DeFi cuts out banks and brokers, while skipping payment processors, too. Known fully as decentralized finance, in 2026, it still stands as a central test within crypto.