The U.S. Senate passed a resolution 70-28 to repeal IRS DeFi broker rules
This article is machine translated
Show original
Planet Daily News: According to reporter @EleanorTerrett, the U.S. Senate has passed the Congressional Review Act (CRA) for the second time with an overwhelming vote of 70-28, aiming to repeal the IRS's "broker" reporting rules for DeFi platforms. The resolution has now been submitted to President Trump for signature. If ultimately enacted, it will exempt DeFi protocols from the same user information reporting obligations as traditional brokers.
Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share