Uniswap CLO stated that the IRS DeFi broker rule "absolutely should be challenged"

Executives and legal professionals in the cryptocurrency industry have expressed doubts about whether the new regulations by the U.S. Internal Revenue Service (IRS), which require decentralized exchanges to comply with the same reporting requirements as traditional brokers, can last long-term. Katherine Minarik, Chief Legal Officer of decentralized cryptocurrency exchange Uniswap, stated in an X post on December 27: "There are many ways to challenge this, and it absolutely should be challenged."