US Lawmakers Unite to Block IRS Rule Threatening Defi and Crypto Innovation

By Bitcoin News | Created at 2025-01-24 02:54:35 | Updated at 2025-01-24 08:38:31 6 hours ago
Truth
Lawmakers are pushing back on a Biden administration rule redefining decentralized finance participants as “brokers,” warning it risks stifling U.S. cryptocurrency innovation and driving it overseas. Biden’s Crypto Rule Sparks Backlash: Will It Push Blockchain Innovation Overseas? U.S. Senator Ted Cruz (R-Texas) and Representative Mike Carey (R-Ohio) have introduced a joint resolution aimed at overturning […]
Read Entire Article