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Coinbase IRS Battle: US Government Defends Tax Data Access in Crucial Privacy Case

The intersection of cryptocurrency and government regulation continues to spark significant legal debates, particularly concerning user privacy and tax obligations. A key case currently unfolding involves the U.S. government defending the actions of the IRS against a challenge brought by a Coinbase user. This Coinbase IRS dispute highlights the ongoing tension between digital asset ownership […]

Blockchain News

Triumph for Crypto: Trump Vetoes Controversial IRS Crypto Broker Reporting Rule

In a stunning victory for the cryptocurrency industry, former U.S. President Donald Trump has signed a resolution that effectively nullifies a contentious Internal Revenue Service (IRS) rule concerning crypto broker reporting. This landmark decision, championed by crypto advocates, marks a significant shift in the regulatory landscape for digital assets. Are you ready to understand how […]

Blockchain News

Urgent Victory: US House Overturns Controversial IRS DeFi Broker Rule!

In a significant win for the cryptocurrency industry, the U.S. House of Representatives has delivered a powerful blow against what many considered an overreaching IRS regulation. A decisive vote of 292-132 saw lawmakers choose to overturn a controversial IRS rule targeting DeFi (Decentralized Finance) platforms. This rule, which mandated DeFi brokers to collect extensive taxpayer […]