The Senate passes CRA resolution (with 18 Dems) to repeal the IRS DeFi Broker Rule -- heads to the House next for a vote.
Good fight by folks to prevent putting the broker onus on DeFi.

I'm very proud to have submitted a Comment Letter on behalf of @dragonfly_xyz on the IRS's proposed broker rulemaking, which could stifle DeFi innovation.
That’s why we are urging an approach that fosters growth while ensuring tax compliance 👇
https://regulations.gov/comment/IRS-2023-0041-44241…

Jessica Furr

Twitter

Odaily Planet Daily
[A simple review of the CRO governance farce: Issuing 700 billion tokens out of thin air and abusing the "veto power"]
Crypto.com and its affiliated blockchain Cronos have recently staged one of the most absurd governance farces in the history of blockchain - 70 billion tokens (the current total supply of CRO is 30 billion) were issued out of thin air, and despite the strong opposition from retail investors, the community's voice became a complete joke in the face of the official "veto power".
The cause: The official proposed to re-issue 700 billion tokens
The incident...

Issuing 70 billion tokens out of thin air and abusing the "veto power" - a brief review of the CRO governance farce

The platform, called LaunchLab, comes less than a month after news broke that pump.fun was developing an AMM of its own

Raydium is launching its own version of pump.fun

Bybit, the cryptocurrency exchange, has announced that it will delist seven Tokens from its platform. This change will take effect at 8:00 AM UTC on 21/03/2025.
After this announcement, the prices of the Tokens...

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