Decision to kill IRS DeFi dealer rule heads to Trump’s desk
[ad_1] The US Senate has handed a decision to kill a Biden administration-era rule to require decentralized finance (DeFi) protocols to report back to the Inside Income Service, which can now head to US President Donald Trump’s desk.On March 26, the Senate voted 70-28 to cross a movement repealing the so-called IRS DeFi dealer rule that aimed to expand current IRS reporting necessities to crypto.The Senate had voted to cross