US Lawmakers Unite to Block IRS Rule Threatening Defi and Crypto Innovation

US Lawmakers Unite to Block IRS Rule Threatening Defi and Crypto Innovation
US Lawmakers Unite to Block IRS Rule Threatening Defi and Crypto InnovationLawmakers 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. Senator Ted Cruz (R-Texas) and Representative Mike Carey (R-Ohio) have introduced a joint resolution aimed at overturning […]

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