Uniswap’s chief legal officer criticized the IRS’s new DeFi broker rule, while a Consensys lawyer suggested the timing was strategic, released on the last Friday of 2024 during a holiday period. #Update #Legal @Uniswap ↘ (-3)
The U.S. Internal Revenue Service (IRS) reaffirms its 2023 position that staking rewards are immediately taxable, arguing in a recent lawsuit filing that they do not create new property. #Update #Legal @IRSnews → (0)
IRS finalizes rules mandating DeFi front-ends as brokers, requiring disclosure of digital asset sales proceeds. #Breaking #Legal @IRSnews ↘ (-6)
Biden’s New Crypto Rule Shakes Entire Industry – Full IRS Oversight Incoming: The U.S. Department of the Treasury and IRS mandate crypto platforms to report all transactions, sparking industry backlash and potential legal challenges. #Breaking #Legal @USTreasury ↘ (-7)
