U.S. Senate Advances Bill to Overturn IRS Reporting Rules for DeFi Platforms – Binance
Previously, the IRS mandated that DeFi brokers report the total proceeds from digital asset sales and provide customers with Form...
Overturn
Congress moves to overturn IRS broker rule targeting DeFi platforms, potential Trump signing on March 28
The US Senate is preparing to hold a final vote on March 27 to nullify the Internal Revenue Service’s (IRS)...
U.S. House votes ‘292-132’ to overturn IRS DeFi rule – Details here
The House and Senate voted to repeal the IRS DeFi Broker Rule. The repeal would reduce compliance burdens and boost...
US House votes to overturn IRS defi broker rule
Lawmakers in the United States have voted to scrap the Internal Revenue Service’s controversial rule that would have forced decentralized...
US House of Representatives votes to overturn IRS DeFi broker rules
PANews reported on March 12 that according to CoinDesk, the U.S. House of Representatives passed a resolution on Tuesday to...
Chairman Hill Applauds House Passage of Resolution to Overturn Harmful ‘Broker Rule’
Chairman Hill Applauds House Passage of Resolution to Overturn Harmful 'Broker Rule' ...
Senate votes to overturn IRS DeFi broker rule – Axios
Why it matters: Both regulations, the IRS' DeFi broker rule and a digital-payments rule from the Consumer Financial Protection Bureau,...
Ways and Means Committee advances Rep. Mike Carey’s CRA to overturn IRS crypto rule
At a February 26 mark-up, the House Ways and Means Committee voted 26-16 to advance Rep. Mike Carey’s (R-Ohio) resolution...
Republicans seek to overturn IRS crypto broker rule
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Congressional Republicans are working to reverse...
House Resolution Today Could Overturn Rule That Declares DeFi Projects ‘Brokers’
DeFi advocates claimed reporting required by the IRS broker rule would have pushed DeFi development overseas. Resolutions to overturn the...