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Uniswap CLO says IRS DeFi broker rules' should definitely be challenged '

Uniswap CLO says IRS DeFi broker rules' should definitely be challenged '

Cointime2024/12/28 06:55
By: Cointime
UNI-1.59%XOLDTOKEN0.00%

cryptocurrency industry executives and legal professionals have expressed doubts about the long-term sustainability of the new regulations from the US Internal Revenue Service (IRS), which require decentralized exchanges to comply with the same reporting requirements as traditional brokers. There are many ways to challenge this, and it should definitely be challenged, "said Katherine Minarik, Chief Legal Officer of Uniswap, a decentralized cryptocurrency exchange, in her X post on December 27th

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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