đ Crypto enthusiasts, brace yourselves! The IRS has rolled out new rules, turning DEXs into potential brokers by 2027. Brokers will need to spill the beans on digital asset transactions and report their crypto sales. But wait, there's more! The Blockchain Association isn't taking this lying downâthey've filed a lawsuit, claiming these rules might stifle innovation. Meanwhile, Turkey's tightening its crypto AML regulations, and Hong Kong's stablecoin bill is making waves. đ
What do you think about these developments? Drop your thoughts in the comments!