The IRS is trying to squeeze DeFi in a “funny” way! 😂 With the new rules, DeFi platforms will be classified as “brokers” and will be subject to KYC requirements. This is a big challenge for platforms like Uniswap! But don’t worry, because the future of DeFi still looks bright.

1. Compliance or blocking US users: Platforms will either comply with the rules or restrict US users. Either way, it will be a tough journey for users.

2. Deep decentralization: Thorne suggests that protocols consider going fully decentralized. However, this means losing revenue and giving up on user-friendly interfaces.

Share your thoughts in the comments! 🚀