CoinVoice has recently learned that the American cryptocurrency lobbying group (Blockchain Association) has filed a lawsuit against the new 'broker' regulations implemented by the IRS and the Department of Treasury.

The IRS and the Department of Treasury have exceeded their legal authority by expanding the definition of 'broker' to include providers at the front end of DeFi transactions, even though they do not execute trades. This not only infringes on the privacy rights of individuals using decentralized technology but also pushes emerging technologies overseas. [Original link]