The director of Taxbit commented on the new U.S. tax reporting regulations: the DeFi protocol team has control, so it is necessary to establish a tax reporting system to draw a clear line.

Odaily Planet Daily News In response to the U.S. Department of the Treasury's recent proposed new tax reporting regulations, Taxbit director Miles Fuller commented on the impact of the bill on DeFi: "The new regulations reflect the general international rules. In the view of the U.S. government, the group behind the DeFi agreement Having the ability to oversee and revise the agreement, the team has the control, so there needs to be a filing system in place, and that's where the new regulations look to clarify and draw a line. Treasury is trying to align its approach with the rest of the world."