year in which the taxable year begins, determined by substituting calendar year 2023 for calendar year 2016 in subparagraph (A)(ii) thereof. Any increase determined under the preceding sentence shall be rounded to the nearest multiple of $10. . (b) Clerical amendment The table of sections for part III of subchapter B of chapter 1 of the Internal Revenue Code of 1986 is amended by inserting after the item relating to section 139I the following new item: Sec. 139J. De minimis gain from sale or exchange of crypto assets. . (c) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2024. 802. Information reporting requirements imposed on brokers with respect to crypto assets (a) Clarification of definition of broker (1) In general Section 6045(c)(1)(D) of the Internal Revenue Code of 1986 is amended to read as follows: (D) any person who (for consideration) stands ready in the ordinary course of a trade or business to effect sales of crypto assets at the direction of their customers. . (2) Effective date The amendment made by this subsection shall apply to returns required to be filed and statements required to be furnished after December 31, 2025. (b) Reporting of crypto assets (1) Applicable date Section 6045(g)(3) of the Internal Revenue Code of 1986 is amended— (A) in subparagraph (B)(iv), by striking digital asset and inserting crypto asset , (B) in subparagraph (C), by striking clause (iii) and inserting the following: (iii) January 1, 2025, in the case of any specified security which is a crypto asset, and , and (C) by striking subparagraph (D) and inserting the following: (D) Crypto asset The term crypto asset has the meaning given such term in section 9801 of title 31, United States Code. . (2) Furnishing of information Section 6045A(d) of such Code is amended to read as follows: (d) Return requirement for certain transfers of crypto assets not otherwise subject to reporting Any broker, with respect to any transfer (which is not part of a sale or