The IRS broker rule would have been impossible to comply with for DeFi entities, one of the resolution's proponents said.
On March 11, 2025, under the auspices of the Congressional Review Act (CRA), the U.S. House of Representatives approved a ...
The U.S. House of Representatives, with a 292-132 vote, joined the Senate in advancing the Congressional Review Act ...
The US House of Representatives has voted in favor of nullifying a rule that would have required decentralized finance (DeFi) ...
The House of Representatives passed a resolution to repeal the regulations that created reporting requirements for digital ...
US House rejects IRS DeFi rule, while stablecoin framework develops to enhance digital payments and strengthen US dollar ...
The US House of Representatives is expected to vote today on a resolution to repeal the (Internal Revenue Service) IRS DeFi ...
The Bipartisan coalition voted to nullify tax reporting requirements that critics labeled as technically impossible for DeFi ...
U.S. Senate voted 70-27 to repeal an IRS rule that would have imposed stringent reporting requirements on decentralized ...
As the industry moves forward with bills on stablecoins and market-structure rules, the kind of dealing lobbyists were ...
For now, however, reversing the IRS rule is being viewed as a victory for crypto users, DeFi developers, and blockchain ...