The latest rules released by the U.S. Department of the Treasury have caught the attention of friends in the DeFi world! 🎉 According to the new regulations, certain decentralized finance brokers will be required to report total earnings from digital asset sales like traditional securities brokers. This means that DeFi brokers need to collect user transaction information and send them 1099 forms. These forms are used to report non-wage income, and now participants in the DeFi industry also need to disclose the names and addresses of each customer. While this has a certain impact on the market, Bitcoin still maintains an optimistic stance in the cryptocurrency world! 🚀