No Bullshit Bitcoin on Nostr: ⚖️ Industry Groups Sue IRS Over New KYC 'Broker Rules' for 'DeFi Front-End ...
⚖️ Industry Groups Sue IRS Over New KYC 'Broker Rules' for 'DeFi Front-End Services'
"The IRS and Treasury have gone beyond their statutory authority in expanding the definition of “broker” to include providers of DeFi trading front-ends even though they do not effectuate transactions. Not only is this an infringement on the privacy rights of individuals using decentralized technology, it would push this entire, burgeoning technology offshore."
https://www.nobsbitcoin.com/industry-groups-sue-irs-over-new-kyc-rules-for-defi-front-end-services-2/
"The IRS and Treasury have gone beyond their statutory authority in expanding the definition of “broker” to include providers of DeFi trading front-ends even though they do not effectuate transactions. Not only is this an infringement on the privacy rights of individuals using decentralized technology, it would push this entire, burgeoning technology offshore."
https://www.nobsbitcoin.com/industry-groups-sue-irs-over-new-kyc-rules-for-defi-front-end-services-2/