<p><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMTIvMDE5YWU3YzktNzc2OS03ZjJjLWJiNzUtMmMyMTA4ZDRjNjY2.jpg" alt="DeFi stays outside the rules as regulators tighten elsewhere: Finance Redefined" class="type:primaryImage"></p><p>Europe narrows crypto tax gaps, US lawmakers revisit market structure, and institutions push DeFi into compliance territory.</p>