🇺🇸 The IRS is finalizing rules that will require DeFi project creators to collect personal information about users + data on all their trading operations! (doc)

Bill Raises Privacy Concerns in Crypto Industry - The Block

Consensys General Counsel: 'Lawsuits Expected Alleging Rule Goes Beyond Treasury Authority'

The IRS expects the law to go into effect on January 1, 2027.

Previously:
- tax on staking income
- the first real term

$BTC $XRP $XLM
#DOG2909