Crypto Tax Debate On Capitol Hill Signals Big Changes for DeFi

Taxing cryptocurrencies just picked up serious momentum, with potentially serious ramifications for DeFi.  The U.S. Senate’s $1 trillion infrastructure package now under consideration includes a provision that would tax transactions involving Bitcoin and its ilk to raise around $28 billion in funding. That means swapping Ethereum and other DeFi tokens may have to be recorded…

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