Trump Repeals IRS DeFi Broker Rule, Reversing Biden-Era Crypto Policy 🔄
President Donald Trump has signed legislation that repeals a Biden-era IRS rule impacting decentralized finance (DeFi) platforms. The 2024 rule aimed to classify DeFi operators as brokers, requiring them to report user transaction data. The repeal signifies a major shift in the United States' stance on DeFi regulation.
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