The UK proposes a “no gain, no loss” tax rule for crypto lending and liquidity pools in DeFi, deferring capital gains tax until a true economic disposal occurs
The proposal, with input from major industry players, aims to bring tax rules in line with how DeFi works, reducing outcomes that don't reflect reality.
The US finalizes rules requiring custodial crypto platforms to report user transaction info to the IRS; DeFi platforms are exempt amid fierce crypto lobbying
DeFi lending protocol MakerDAO's community votes to ditch $500M of the Paxos Dollar stablecoin from its reserves, impacting roughly half of the token's supply
DeFi proponents criticize Sam Bankman-Fried for a regulatory proposal suggesting websites facilitating trading on decentralized exchanges should be regulated
I probably am wrong about some! But in the end the most important thing is to keep commerce and expression free. Scott / @scott_lew_is : now is the time to get loud and fight Dave Friedman / @friedman...
DeFi proponents criticize Sam Bankman-Fried for a regulatory proposal suggesting websites facilitating trading on decentralized exchanges should be regulated
- Various individuals in the blockchain and cryptocurrency industry are lambasting Sam Bankman-Fried after the FTX CEO shared …
The BIS, an umbrella group for central banks, says DeFi is built on a “decentralization illusion” and should be “properly regulated” to safeguard investors
Coinbase quietly updates its blog to say it is tabling the launch of Lend, a product intended to pay users interest for lending out tokens, after SEC pressure
a product where you give a corporation money and it can do pretty much whatever it wants with it and even adjust the interest rate in its discretion—was never really the hill to die on ; DeFi presents...