⚖️ Blockchain organizations sue IRS

The Blockchain Association, the #DeFi Educational Foundation, and the Texas Blockchain Council have sued the Internal Revenue Service (IRS).

💼 Industry representatives oppose requirements to collect data about users and their transactions and transfer it to regulators.

Privacy violations threaten the normal development of the entire DeFi sector.

The introduction of new requirements is scheduled for 2027.

#BtcNewHolder #Binance $BTC