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US Senate passes resolution to kill ‘unworkable’ IRS DeFi broker rule
5.3.2025
The resolution repealing the IRS rule will need to pass the House and, if successful, will be sent to US President Donald Trump, who has signaled he’ll support killing the rule
US Senate passes resolution to kill ‘unworkable’ IRS DeFi broker rule
5.3.2025
The resolution repealing the IRS rule will need to pass the House and, if successful, will be sent to US President Donald Trump, who has signaled he’ll support killing the rule
Effort to Kill IRS Crypto Rule Clears U.S. Senate Hurdle
4.3.2025
With a split among Democrats, the Senate resolution to erase the IRS' DeFi-focused crypto broker rule passed with a massive majority and is now up to the House
President Warming Up His Pen to Sign Resolution to Kill IRS Crypto Rule If Passed
4.3.2025
As the U.S. Senate began its process to consider a resolution to erase the recent IRS rule that targets DeFi, the White House cheered it on
U.S. Senate Expected to Vote on Erasing IRS's Crypto Broker Rule That Threatens DeFi: Source
3.3.2025
Senate leaders are said to be queuing up votes to reverse two Biden-era regulations tied to digital assets: the IRS DeFi rule and a CFPB digital-payments rule
House Panel Strikes Down IRS Crypto Rule—DeFi Just Scored a Major Win
1.3.2025
A House committee has moved to repeal the IRS’ controversial “DeFi Broker Rule,” arguing it would stifle innovation, overwhelm the agency with filings, and disadvantage U.S. crypto users. House Committee Blocks IRS DeFi Broker Rule The House Ways and Means Committee has voted to repeal the Biden...
U.S. House Committee Advances Effort to Erase IRS' DeFi Tax Rule
26.2.2025
A joint resolution in Congress seeks to reverse a December move by the IRS to impose a tax regime in DeFi, and the House has taken the first steps to do that
Blockchain Association Urges Congress to Back Cruz Measure to Overturn DeFi Broker Rule
20.2.2025
The Blockchain Association is urging Congress to support a measure sponsored by Sen. Ted Cruz that aims to overturn the Internal Revenue Service’s decentralized finance broker rule. Broker Rule Threatens U.S. DeFi Leadership The Blockchain Association has urged the U.S. Congress to pass...
Crypto firms rally behind Ted Cruz to block DeFi broker rule
20.2.2025
The Blockchain Association, representing 76 crypto firms, urges Congress to repeal the IRS DeFi broker rule, arguing it threatens US crypto innovation and unfairly burdens blockchain firms
Crypto Industry Asks Congress to Scrap IRS's DeFi Broker Rule
19.2.2025
In what may be a big test of the crypto sector's new influence over a markedly friendlier U.S. Congress, it's asking for the reversal of an incoming tax policy
IRS wants court to toss crypto exec’s appeal over bank record summons
12.2.2025
The US tax agency claims it complied with financial privacy laws when it summoned banks for crypto founder Rowland Marcus Andrade's financial records
IRS wants court to toss crypto exec’s appeal over bank record summons
12.2.2025
The US tax agency claims it complied with financial privacy laws when it summoned banks for crypto founder Rowland Marcus Andrade's financial records
IRS wants court to toss crypto exec’s appeal over bank record summons
12.2.2025
The US tax agency claims it complied with financial privacy laws when it summoned banks for crypto founder Rowland Marcus Andrade's financial records
IRS wants court to toss crypto exec’s appeal over bank record summons
12.2.2025
The US tax agency claims it complied with financial privacy laws when it summoned banks for crypto founder Rowland Marcus Andrade's financial records
US Lawmakers Unite to Block IRS Rule Threatening Defi and Crypto Innovation
24.1.2025
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....
The Taxman Is Watching: Staying Ahead of the New Rules
22.1.2025
The IRS recently introduced a new rule stating that investors must use wallet-based cost tracking. And it’s likely the first of many such changes around the world, says Robin Singh, founder and CEO of crypto tax platform Koinly
Report: Ted Cruz Aims to Target Crypto Tax Rule With CRA Resolution
18.1.2025
Axios reports that Sen. Ted Cruz, a Republican from Texas, plans to wield the Congressional Review Act (CRA) next week to challenge a tax regulation that infringes on the rights of cryptocurrency brokers. This move is seen not just as a procedural tactic but as a principled stand against...
Decentralized platforms may benefit from strict US crypto tax laws
16.1.2025
The reporting requirements present a “real risk of pushing users toward decentralized platforms,” according to industry insiders
Decentralized platforms may benefit from strict US crypto tax laws
16.1.2025
The reporting requirements present a “real risk of pushing users toward decentralized platforms,” according to industry insiders
Decentralized platforms may benefit from strict US crypto tax laws
16.1.2025
The reporting requirements present a “real risk of pushing users toward decentralized platforms,” according to industry insiders