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IRS rules on decentralized finance and its implications for the crypto industry.
brokerages

IRS DeFi Brokerage Rule Ignites Industry Backlash and Legal Challenge

The IRS's new rule designating DeFi front-ends as brokerages has sparked major concerns in the cryptocurrency sector. Industry leaders criticize this overreach, with litigation already initiated ag...

ArbitrumUniswap Protocol trading volume graph highlighting $22 billion achievement

Uniswap Protocol Records Over $22 Billion in Monthly Trading Volume on Arbitrum

Uniswap Labs announces a record-breaking monthly trading volume of over $22 billion on Arbitrum, showcasing the platform's growth and popularity.

ArbitrumUniswap Protocol logo with $22 billion trading volume concept

Uniswap Protocol Hits Record $22 Billion Monthly Trading Volume on Arbitrum

Uniswap Labs reports a historic achievement, with its Arbitrum protocol crossing $22 billion in monthly trading volume, setting new records in decentralized finance.

BlockchainBlockchain Association challenging IRS tax rules with lawsuit on cryptocurrency brokers.

Blockchain Association Files Lawsuit Against IRS Broker Rules

The Blockchain Association, alongside DeFi Education Fund and Texas Blockchain Council, has challenged IRS broker rules through a legal suit, aiming to push back against stringent tax reporting req...

crypto complianceRegulations for crypto tax reporting raising concerns across the industry.

Concerns Arise as U.S. Finalizes Crypto Tax Broker Rules

The U.S. Treasury and IRS have published a 177-page regulation for crypto tax brokers, enhancing reporting requirements that could impact compliance. Effective in 60 days, the rules target digital ...

crypto regulationCrypto executives discussing IRS ruling and its implications on decentralized exchanges.

Skepticism Grows Over IRS Ruling on Decentralized Exchanges

Crypto leaders question the IRS ruling that requires decentralized exchanges to follow traditional broker regulations. Uniswap's legal chief and other executives highlight challenges ahead with com...