Crypto industry pushes Congress to oppose IRS classification of DeFi protocols as brokers

From Cointelegraph

December 27, 2024 3:42:32 PM:

The IRS has classified DeFi protocols as brokers, sparking backlash in the crypto industry. Calls for Congress to overturn the rules have been made.

Read more at Cointelegraph: Crypto industry calls on Congress to block new DeFi broker rules