“Significant amount of capital” to be unlocked for crypto ventures — Bitfinex analysts  

The new IRS rules classifying DeFi protocols as brokers have triggered a swift backlash in the crypto industry, with calls for Congress to overturn the rules.

Th final regulation treats DeFi front-ends as brokers, demanding the disclosure of gross proceeds from sales of digital assets.

Do Kwon was apprehended by law enforcement in Montenegro in June 2023 after attempting to flee the country with a false passport.