Uniswap CLO says that IRS Decentralized Finance broker rules "should definitely be challenged"

2024-12-28 06:56:49

Golden Finance reported that executives and legal professionals in the cryptocurrency industry have expressed doubts about whether the new regulations of the Internal Revenue Service (IRS) in the United States can be sustained in the long term. These regulations require decentralized exchanges to comply with the same reporting requirements as traditional brokers. DecentralizationCryptocurrencyexchange Uniswap Chief Legal Officer Katherine Minarik said in a X post on December 27th: "There are many ways to challenge this, and it should definitely be challenged."

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