A16z, Uniswap Warn Illinois Crypto Tax Rules Could Effectively Ban DeFi
Venture capital giant Andreessen Horowitz (a16z), Uniswap Labs, and the DeFi Education Fund are urging Illinois regulators to overhaul proposed cryptocurrency tax regulations, warning that the rules could effectively prohibit decentralized finance (DeFi) activity in the state while exposing users to serious security risks. In a letter submitted Friday, Oct. 30, the three organizations argued […]
Read Full Article on News.Bitcoin.comSummary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
Binance Hack Jolts Bitcoin Treasury Firm Into Weighing BTC Sales
Next Technology Holding, the 18th-largest publicly traded corporate bitcoin holder at press time, has authorized the sale or pledging of its approximately 5,833 BTC following Binance’s major security incident. The company’s decision reflects mounting concerns…
Stolen iPhone Sparks $14,000 Nightmare for Crypto Veteran
TLDR A crypto industry veteran says a stolen iPhone led to approximately $14,000 in losses after thieves accessed his cryptocurrency and financial accounts. The incident highlights how an unlocked smartphone can expose several accounts through a single point…
18 Years of Satoshi’s Paradox: Can Bitcoin Survive What Comes Next?
Bitcoin turns 18 today. Its founder is still missing, his presumed fortune is worth $85 billion, and AI is beginning to reconstruct how it all started. On October 31, 2008, Satoshi Nakamoto released the Bitcoin whitepaper, proposing money that could move…