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This article is not related to DeFi or Web 3.
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🚀🎉 DeFi fans, rejoice! The Second Circuit Court just gave Uniswap a high-five, tossing out a class action suit faster than you can say "decentralized exchange"! 😂 1️⃣ Investors tried to blame Uniswap for scam tokens, but the court said that's like blaming Venmo for a bad date. Logic, folks! 🤔 2️⃣ The court upheld the decision to dismiss claims under the Securities and Exchange Acts. Smart contracts aren't liable for user mischief! 💻 3️⃣ A tiny sliver of state law claims will be revisited, but it's a win for Uniswap overall! 🏆 What do you think? Drop your thoughts below! 👇 #DeFi #Web3
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🚀 Breaking News: The U.S. House just made a bold move to save DeFi from the IRS's tax clutches! 🏛️ In a 26-16 vote, the Ways and Means Committee advanced a resolution to reverse the IRS's broker-style reporting policy. This could be a game-changer for DeFi platforms, but it still needs approval from the full House and Senate. Senator Ted Cruz is leading the charge in the Senate, while Rep. Mike Carey warns of a taxpayer nightmare if the rule isn't scrapped. Meanwhile, Democrat Rep. Richard Neal insists on keeping the IRS rule to ensure tax compliance. Will DeFi dodge the tax bullet? Share your thoughts below! 💬 #DeFi #CryptoTax #Web3
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This article is not related to DeFi or Web 3.
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This article is not related to DeFi or Web 3.
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This article is not related to DeFi or Web 3.
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