#UniswapA16zSeekDeFiExemptionFromIllinoisCryptoTax
🚨 BIG NEWS FOR THE DEFI INDUSTRY!
Uniswap Labs, a16z, and the DeFi Education Fund are pushing back against Illinois' proposed crypto tax rules. 👀🤑🤑
They want decentralized exchanges, self-custody wallet transfers, and cross-chain bridges to be excluded from certain tax requirements.
They are also raising serious concerns about private-key recordkeeping and user security.
This could become an important moment for the future of DeFi regulation in the US. 🚀🤬
Will regulators listen to the crypto industry? 🔥
#Crypto #DeFi #Uniswap #a16z #CryptoNew
🚨 BIG NEWS FOR THE DEFI INDUSTRY!
Uniswap Labs, a16z, and the DeFi Education Fund are pushing back against Illinois' proposed crypto tax rules. 👀🤑🤑
They want decentralized exchanges, self-custody wallet transfers, and cross-chain bridges to be excluded from certain tax requirements.
They are also raising serious concerns about private-key recordkeeping and user security.
This could become an important moment for the future of DeFi regulation in the US. 🚀🤬
Will regulators listen to the crypto industry? 🔥
#Crypto #DeFi #Uniswap #a16z #CryptoNew
