🚨 Breaking News: Blockchain Advocates Challenge IRS! 🚨

- Three major blockchain groups, including the Blockchain Association, have filed a lawsuit against the IRS's new broker reporting rules.

- They argue these rules could harm the U.S. digital asset sector, especially DeFi.

- The lawsuit, filed in Texas, claims the IRS overstepped by expanding the "broker" definition.

- Critics say this could push innovation offshore and infringe on privacy rights.

- What are your thoughts on this legal battle? Share in the comments! 🗨️

#CryptoNews #DeFi #IRSChallenge