By coinspy A widening gap between U.S. tax policy and digital-asset innovation has triggered urgent calls for change on Capitol Hill. Senators Cynthia Lummis and Bernie Moreno say the 15 % Corporate Alternative Minimum Tax (CAMT) could saddle crypto companies with bills on paper-only gains. CAMT applies to firms posting average adjusted financial-statement income (AFSI) […]
Tag: IRS
By Chayanika Deka 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), […]
By Oluwadamilola Ojoye The U.S. crypto space entered a new phase in April 2025, following President Donald Trump’s repeal of the IRS broker rule and a broader push for friendlier digital asset legislation. These changes are already affecting the market, and altcoins previously overlooked are now gaining traction. As regulation tilts towards innovation and decentralization, […]