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cryptotaxpolicy
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🛡️ Defending DeFi Innovation in Illinois🤞#DeFiRegulation
Uniswap Labs a16z and the DeFi Education Fund are urging Illinois to exempt decentralized protocols and self custodial activity from the proposed 0.2 percent crypto tax. They argue DEXs cannot act as traditional brokers and that wallet withdrawals plus bridging should stay outside the levy.
{spot}(UNIUSDT)
This coordinated push highlights the industry’s commitment to protecting permissionless finance and user control. Clearer rules that respect decentralized design can support sustainable growth while avoiding unintended barriers to innovation.
$UNI #CoinVahini #CryptoTaxPolicy #UniswapA16zSeekDeFiExemptionFromIllinoisCryptoTax
🛡️ Defending DeFi Innovation in Illinois🤞#DeFiRegulation
Uniswap Labs a16z and the DeFi Education Fund are urging Illinois to exempt decentralized protocols and self custodial activity from the proposed 0.2 percent crypto tax. They argue DEXs cannot act as traditional brokers and that wallet withdrawals plus bridging should stay outside the levy.
This coordinated push highlights the industry’s commitment to protecting permissionless finance and user control. Clearer rules that respect decentralized design can support sustainable growth while avoiding unintended barriers to innovation.
$UNI #CoinVahini #CryptoTaxPolicy #UniswapA16zSeekDeFiExemptionFromIllinoisCryptoTax
Uniswap Labs a16z and the DeFi Education Fund are urging Illinois to exempt decentralized protocols and self custodial activity from the proposed 0.2 percent crypto tax. They argue DEXs cannot act as traditional brokers and that wallet withdrawals plus bridging should stay outside the levy.
This coordinated push highlights the industry’s commitment to protecting permissionless finance and user control. Clearer rules that respect decentralized design can support sustainable growth while avoiding unintended barriers to innovation.
$UNI #CoinVahini #CryptoTaxPolicy #UniswapA16zSeekDeFiExemptionFromIllinoisCryptoTax
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