Ripple’s Former CTO Reveals Loopholes in DeFi Tax Rules

Former Ripple CTO David Schwartz has highlighted some of the downsides of DeFi tax laws, following an experiment he performed using XRP and FUZZY, a community-driven meme coin on the XRP Ledger. Schwartz’s DeFi Experiment According to Schwartz, he made a two-sided deposit using both crypto tokens in the XRP/FUZZY AMM. The idea was to […] Read The Full Article Ripple’s Former CTO Reveals Loopholes in DeFi Tax Rules On Coin Edition.