Industry Stakeholders Challenge Regulatory Developments in Decentralized Finance Sector

Blockchain Association Heads Lawsuit Over DeFi Changes

The Blockchain Association, along with the Texas Blockchain Council and DeFi Education Fund, have filed a lawsuit against the IRS, Treasury Department, and Secretary Janet Yellen over newly issued rules that impose traditional broker reporting standards on decentralized finance (DeFi) participants.

Source: fullycrypto.com