🚨 Tax changes are coming to the crypto world! 🇺🇸 The U.S. Internal Revenue Service (IRS) held a hearing discussing expanding cryptocurrency taxation. 🔍 Topics included user privacy, crypto assets requiring reporting, and regulations for DeFi participants. 😰 This could mean more tax burdens and bureaucracy for DeFi projects and wallet developers. Major changes are expected in tax regulations in the coming years! 📉