IRS’s DeFi Broker Rule Faces Backlash, Ripple CTO Highlights Risks

Quick Summary:

The IRS’s finalization of the second half of its controversial broker rule marks a significant shift in the regulatory landscape for decentralized finance (DeFi).

The post IRS’s DeFi Broker Rule Faces Backlash, Ripple CTO Highlights Risks appeared first on Coin Edition.

It must be struck down, either by the courts or the incoming administration.

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Article Details

Author / Journalist: Izabela Anna

Category: Crypto

Markets: India

Topics: Market News DeFi News Market News Ripple (XRP)

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-28 @ 13:30:00 (3 days ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 163 words

Reading Time: 1 minutes read

Sentences: 53 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 24713255

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 10 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 17 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

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News Language: English

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Publisher ID: #124

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