🚨: The US just introduced a tax proposal that could KILL ''DeFi''.
U.S. Treasury and IRS released proposed cryptocurrency regulations, that may deem applications like Uniswap, 1inch, Curve, MetaMask, etc. to implement KYC.
🚨: The US just introduced a tax proposal that could KILL ''DeFi''.
U.S. Treasury and IRS released proposed cryptocurrency regulations, that may deem applications like Uniswap, 1inch, Curve, MetaMask, etc. to implement KYC.
They never stop to kill crypto .
they try it
...for those who comply with it. You can't make a piece of code comply and you can't prosecute code!
But you can prosecute the owner of the code (tornado cash case), or the owner of the website...you will need truly open source and decentralized project for be safe. All this fake "DEFI" systems will go down.
Darn those peeps