Exciting news for the Decentralized Finance (DeFi) space! A pivotal moment is on the horizon as the final vote on the resolution to nullify the U.S. Internal Revenue Service’s (IRS) controversial DeFi broker rule is likely to happen as early as March 27. Are we about to witness a significant victory for crypto advocates? Let’s […]
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 […]
Get ready for a potentially seismic shift in the crypto landscape! Today, the U.S. House of Representatives is poised to vote on a resolution that could overturn the controversial IRS DeFi broker rule. Following hot on the heels of a strong Senate vote last week, this move could signal a major win for the decentralized […]
Hold onto your hats, crypto enthusiasts! This week could bring a seismic shift in the regulatory landscape for Decentralized Finance (DeFi) in the United States. The U.S. Senate is gearing up for a crucial vote that could potentially repeal a controversial Internal Revenue Service (IRS) rule. This rule, which sent ripples of concern through the […]
Exciting news for the crypto community! In a significant development, the U.S. House Ways and Means Committee has just taken a major step that could reshape the future of decentralized finance (DeFi) in the United States. Are you ready to dive into the details of this potential game-changer? Let’s break down how this move to […]
Heads up, crypto enthusiasts! A major showdown is brewing in the U.S. as the Blockchain Association, a powerful force representing leading crypto companies, is taking a stand against the IRS. They’re not just voicing concerns; they’re actively urging Congress to strike down a controversial IRS rule targeting DeFi brokers. What’s all the fuss about? Let’s […]
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