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), […]
Tag: SEC
By Jordan Lyanchev US President Donald Trump made some big moves on the Trade War scene that he started, which led to substantial volatility in the cryptocurrency markets all week. Let’s unpack. After last week’s ‘Liberation Day,’ in which the POTUS announced taxes on all countries of at least 10%, while many big partners got […]
By Christian Encila Crypto is in the spotlight, as members of the US House Financial Services Committee met this week to tackle regulation reform. At centerstage is none other than the US President himself, Donald Trump, and his various engagements and ventures in cryptocurrency and Defi. Lawmakers from both sides of the aisle are now […]