IRS New DeFi Rule Faces Fiery Legal Challenge

A rebellion brews in the digital realm: the cryptocurrency industry is not backing down, as three major advocacy groups file a lawsuit against the Internal Revenue Service (IRS), challenging new rules that could fundamentally alter the way DeFi operates. The fight is on, and the outcome is far from certain. Conversations about the future of decentralized finance moved to the courtroom. The... source: https://news.shib.io/2024/12/30/irs-new-defi-rule-faces-fiery-legal-challenge-the-fight-for-cryptos-survival/?utm_source=rss&utm_medium=rss&utm_campaign=irs-new-defi-rule-faces-fiery-legal-challenge-the-fight-for-cryptos-survival