Seems the IRS/Treasury is going to force compliance with the US for DeFi, much like how my asian banks ask me to do FACTA forms annually... they want KYC/Tax reporting for DeFi transactions going forward.
https://www.financemagnates.com/cry...as-brokers-mandates-gross-proceeds-reporting/
All will have to comply, those that don't will get indicted to set examples.
DeFi will need to learn how to launch operating from within chain (front ends -> i've done that before so it can be done even dynamically).
And walk away from it.
https://www.financemagnates.com/cry...as-brokers-mandates-gross-proceeds-reporting/
All will have to comply, those that don't will get indicted to set examples.
DeFi will need to learn how to launch operating from within chain (front ends -> i've done that before so it can be done even dynamically).
And walk away from it.
