Tag: Democrats

US House Votes to Overturn IRS DeFi Broker Rule

The U.S. House of Representatives has passed H.J. Res 25, effectively rejecting the Internal Revenue Service’s (IRS) controversial broker rule. The resolution, which gained overwhelming bipartisan support, aims to protect decentralized finance (DeFi) innovation and prevent regulatory overreach. According to the DeFi Education Fund, 292 lawmakers voted in favor of the resolution while 132 went …

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