Crypto industry calls on Congress to block new DeFi broker rules ⚖️
The recent IRS decision to classify DeFi protocols as brokers is stirring up significant controversy in the crypto community. Many industry players are urging Congress to step in and overturn these new rules. The classification, seen as a regulatory burden by some, has ignited a wave of backlash and discussion regarding the future of DeFi and its impact on the broader cryptocurrency landscape. This situation highlights ongoing tensions between regulatory frameworks and the rapidly evolving crypto sector.
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