Lawmakers Unite to Block IRS Rule Threatening DeFi and Crypto Innovation
Lawmakers push back against Biden’s IRS rule redefining DeFi participants as “brokers,” fearing it could stifle U.S. cryptocurrency innovation and drive it overseas. Lawmakers Introduce Resolution to Overturn Controversial IRS Rule U.S. Senator Ted Cruz (R-Texas) and Representative Mike Carey (R-Ohio) have introduced a joint resolution aiming to overturn a controversial IRS rule that redefines…
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