đ Big news in the DeFi world! The IRS is shaking things up with new rules classifying DeFi platforms as brokers, meaning KYC and transaction reporting are on the horizon. This could challenge platforms like Uniswap, sparking debates on innovation and privacy.
đ Options on the table? Total compliance, blocking US users, or going fully decentralized. Each path has its pros and cons, but deep decentralization could align with DeFi's core values, albeit at a cost. With the deadline looming, the crypto community is buzzing with possibilities. Let's see how the DeFi landscape evolves!