Treasury and IRS finish broker rules for DeFi, require KYC from protocols

The US Department of the Treasury and the Internal Revenue Service (IRS) have released the final version of its broker rules to digital assets services providers, which includes provisions on requiring DeFi protocols to conduct Know-Your-Customer (KYC) procedures. Industry experts have already criticized the new provision for being unlawful and out of the Treasury’s regulatory […] The post... source: https://cryptoslate.com/treasury-and-irs-finish-broker-rules-for-defi-require-kyc-from-protocols/