Mike Carey

Trump Signs Bill Nullifying Expanded IRS Crypto Broker Rule

| Importance: 8/10

President Donald J. Trump signed H.J.Res.25 into law, nullifying an IRS rule that would have expanded cryptocurrency broker reporting requirements to include decentralized finance (DeFi) exchanges. The Congressional Review Act was used to reverse the Biden-era regulation, with the House passing the …

Donald Trump Mike Carey Ways and Means Committee Congress crypto regulatory-capture tax-policy legislative-action
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