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Crypto industry calls on Congress to block new DeFi broker rules

December 27, 2024 by DIGIT
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The new IRS rules classifying DeFi protocols as brokers have triggered a swift backlash in the crypto industry, with calls for Congress to overturn the rules.

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Categories defi, DeFi Broker, front-end, IRS, Tax
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  • bitcoinBitcoin(BTC)$89,101.00-3.52%
  • ethereumEthereum(ETH)$3,019.04-3.85%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.02-3.55%
  • binancecoinBNB(BNB)$880.42-2.29%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$132.37-4.95%
  • tronTRON(TRX)$0.2855750.17%
  • staked-etherLido Staked Ether(STETH)$3,017.26-3.74%
  • dogecoinDogecoin(DOGE)$0.138483-6.22%
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  • bitcoinBitcoin(BTC)$89,101.00-3.52%
  • ethereumEthereum(ETH)$3,019.04-3.85%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.02-3.55%
  • binancecoinBNB(BNB)$880.42-2.29%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • solanaSolana(SOL)$132.37-4.95%
  • tronTRON(TRX)$0.2855750.17%
  • staked-etherLido Staked Ether(STETH)$3,017.26-3.74%
  • dogecoinDogecoin(DOGE)$0.138483-6.22%