Crypto industry leaders and legal experts are skeptical about the IRS's new ruling that requires decentralized exchanges to adhere to the same reporting standards as traditional brokers. Uniswap's legal officer, Katherine Minarik, and CEO Hayden Adams express hope that the ruling will face legal challenges or be overturned by the Congressional Review Act. Set for 2027, these regulations demand brokers report digital asset transactions, posing significant compliance challenges for DeFi platforms. Critics argue the rule is costly with little benefit, and may face Congressional scrutiny.