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Home DeFi

How a New Tax Proposal From the IRS Could Impact DeFi | Video

by admin
November 13, 2023
in DeFi
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How a New Tax Proposal From the IRS Could Impact DeFi | Video
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One of many greater questions is whether or not or not decentralized platforms have the potential of accumulating and uh you understand, storing and transmitting consumer KYC knowledge. Um You recognize, quite a lot of the 5 platforms, uh decentralized exchanges, uh et cetera. Uh do not actually, you understand, not likely designed with this concept of, oh, we gotta be certain we all know who our customers are uh in thoughts, proper? So I feel that is one concern a pair different issues that we have seen, you understand, all through quite a lot of the feedback vary from privateness issues about whether or not or not the platforms accumulating this knowledge are secure to uh you understand, simply normal issues concerning the quantity of information and the way that may affect the entities concerned. So there, there are a few issues and definitely d 5 platforms are going to get caught up in quite a lot of these issues.



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