Blockchain Association Files Suit To Challenge IRS and Treasury Department’s DeFi Broker ‘Midnight’ Rulemaking

A prominent nonprofit crypto advocacy group is filing a lawsuit to dispute new reporting rules for decentralized finance (DeFi) brokers. In a new press release, the Blockchain Association says the “midnight” decision by the Internal Revenue Service (IRS) and the Treasury Department to force DeFi protocols to follow the same reporting rules as securities brokers […] The post Blockchain... source: https://dailyhodl.com/2024/12/30/blockchain-association-files-suit-to-challenge-irs-and-treasury-departments-defi-broker-midnight-rulemaking/