The US House voted to repeal the IRS DeFi broker rule, preventing strict data collection on decentralized finance platforms. Lawmakers also focused on stablecoin regulations, discussing the STABLE Act and…
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Congress is pushing back against the IRS’ DeFi tax rules, citing concerns over regulatory overreach and innovation risks. If overturned, the move could reshape DeFi taxation, benefiting platforms like Uniswap…
A United States Representative Earl Carter has introduced the Fair Tax Act (H.R. 25), a bill that aims to eliminate the Internal Revenue Service (IRS) and replace the existing U.S.…
The IRS delayed crypto tax reporting rules to January 2026, allowing brokers time to adapt, sparking mixed reactions in the industry. Brokers must adopt the FIFO method under new rules,…