
Trump Signs Bill Repealing IRS DeFi Broker Rule in Crypto Industry Win
In a landmark move, US President Donald Trump on April 10 signed into law a resolution repealing the IRS’s controversial “DeFi Broker Rule” and effectively blocked expanded tax reporting requirements for decentralized finance platforms. The measure, introduced by Representative Mike Carey (R-Ohio) and supported in the Senate by Senator Ted Cruz (R-Texas), used the Congressional…