news 
The Blockchain Association has taken the unprecedented step of filing a lawsuit against the IRS, Treasury Department, and Secretary Janet Yellen over newly issued rules that impose traditional broker reporting standards on participants in the decentralized finance (DeFi) industry.
According to sources, the plaintiffs argue that the regulations exceed statutory authority, threaten the very existence of DeFi by undermining its core functionality, and violate constitutional rights.
Source: fullycrypto.com
