🚀 Latest news from the crypto world! Michele Korver of A16z Crypto is pushing back against the new broker reporting rules from the US Treasury Department and the IRS. She says it could put DeFi innovation in the US at risk. 😱

- Korver and her team are supporting a lawsuit from the DeFi Education Fund and friends to stop the rules that they say could make DeFi "costly".

- The rules are considered rushed and could cause DeFi operations to flee overseas.

- Jake Chervinsky and other crypto figures have also spoken out, saying the rules could stifle innovation.

What do you think? Is this the right move or will it make DeFi even worse? Let's discuss in the comments column!