IRS Ruling on DEX Reporting Faces Criticism from Crypto Executives

According to Odaily, the recent ruling by the U.S. Internal Revenue Service (IRS) requiring decentralized exchanges (DEX) to adhere to the same reporting standards as traditional brokers has sparked significant criticism from cryptocurrency executives and legal experts. Katherine Minarik, Chief Legal Officer of Uniswap, stated that there are numerous ways to challenge this rule, emphasizing... source: https://www.binance.com/en/square/post/18245655626761?utm_source=BinanceNewsRSS