← Back to News
Article • Mar 14, 2025

Filecoin Foundation President Applauds Congress for Blocking Rule Impacting DeFi Privacy

Filecoin
Filecoin Foundation President Applauds Congress for Blocking Rule Impacting DeFi Privacy
Summary
  • Congress voted to block a rule requiring DeFi protocols to report user information, easing reporting obligations for the industry.
  • Privacy concerns remain a key issue for the crypto industry, with calls for clear frameworks for blockchain-based privacy while maintaining regulatory requirements.

Source: https://cointelegraph.com/news/congress-repealed-irs-broker-rule-regulate-defi

📣 Related news

Loading news...

💼 DePIN Hub Newsletter

We bring you real world use cases of web3 through DePIN. And btw, you can generate passive income along the way!

Filecoin Foundation President Applauds Congress for Blocking Rule Impacting DeFi Privacy | DePIN Hub