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A16z, Uniswap Warn Illinois Crypto Tax Rules Could Effectively Ban DeFi

By Andrew Hayward

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…

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