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Blockchain Association Heads Lawsuit Over DeFi Changes

Home » News » Americas » Law » Blockchain Association Heads Lawsuit Over DeFi Changes

Blockchain Association Heads Lawsuit Over DeFi Changes

Mark Hunter 30/12/2024 16:24

Reading Time: 2 minutesThe Blockchain Association and others have filed a lawsuit against the IRS, Treasury Department, and Secretary Janet Yellen over new broker reporting rules The plaintiffs argue the regulations exceed statutory authority, threaten the decentralized finance (DeFi) industry, and violate constitutional rights The rules redefine “brokers” to include DeFi participants…

FullCrypto
Reading Time: 2 minutesThe Blockchain Association and others have filed a lawsuit against the IRS, Treasury Department, and Secretary Janet Yellen over new broker reporting rules The plaintiffs argue the regulations exceed statutory authority, threaten the decentralized finance (DeFi) industry, and violate constitutional rights The rules redefine “brokers” to include DeFi participants…
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