Triumph for Crypto: Trump Vetoes Controversial IRS Crypto Broker Reporting Rule
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 […]

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

Urgent Crypto Call: Blockchain Association Demands Repeal of IRS DeFi Broker Rule
Blockchain News

Urgent Crypto Call: Blockchain Association Demands Repeal of IRS DeFi Broker Rule

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 […]