Odaily reports that according to people familiar with the Senate plan, the Internal Revenue Service (IRS) has recently issued a regulation requiring decentralized finance projects to make strict disclosures, and the US Senate plans to vote this week to repeal this regulation. In addition, Republican senators in the US are pushing to repeal the federal regulations related to digital assets, which also include the Consumer Financial Protection Bureau's regulations on large tech companies providing payment applications and digital wallets. (CoinDesk)