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Crypto industry calls on Congress to block new DeFi broker rules

The new IRS rules classifying DeFi protocols as brokers have triggered a swift backlash in the crypto industry, with calls for Congress to overturn the rules.

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Crypto industry calls on Congress to block new DeFi broker rules

The new IRS rules classifying DeFi protocols as brokers have triggered a swift backlash in the crypto industry, with calls for Congress to overturn the rules.

Why this matters

This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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