Senate Rejects IRS’s ‘Unworkable’ DeFi Broker Rule
US Senate Says “No” to IRS’s DeFi Rule: A Big Step for Crypto! The U.S. Senate has voted to cancel an IRS rule that wanted to make decentralized finance (DeFi) platforms report user data. This is a big deal for the world of cryptocurrencies, also known as crypto. Let’s dive in and understand what’s happening!…