Crypto investors in the U.S. are bracing for impact as tax authorities crack down on reporting.
Centralized exchanges (CEXs) will soon have to report crypto transactions to ensure tax compliance. Even MicroStrategy, which holds over $19B in Bitcoin gains, might feel the heat.
The rescinding of SAB 121 – a rule requiring crypto custody platforms to separate assets from liabilities – could further complicate the landscape.
In this climate, decentralized platforms are becoming a lifeboat for investors seeking greater autonomy.
If you’re looking to embrace the latest in decentralized innovation, here are four crypto projects reshaping the landscape right now.
$FLOCK – The Decentralized Haven for Meme Fans
$FLOCK is soaring into the crypto spotlight, blending the spirit of meme culture with the freedom of decentralized finance.
Over $13.9M has been raised during its presale phase, with the total closing in on $14M.
$FLOCK’s tokens are available at listing price via its website or the Best Wallet app until the official launch on Monday, January 27th, at 2 PM UTC.
As crypto regulations tighten, $FLOCK’s decentralized model offers privacy and independence, appealing to investors seeking refuge from increasing scrutiny.
The platform’s governance is community-driven, ensuring decision-making stays in the hands of its dedicated users.
If you’re looking for a project with both substance and a playful edge, $FLOCK provides a unique mix of s
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Author: Anya Zhukova