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Basheer_Algundubi
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🔵Trump may approve the repeal of cryptocurrency tax rules📌 Reports indicate that President Donald Trump may approve the Congressional resolution to overturn the new regulations set by the IRS regarding cryptocurrencies, which require some DeFi participants to report total earnings and taxpayer information. ✅ The Congressional Review Act (CRA) resolution proposed by Senator Ted Cruz received broad bipartisan support, with 70 members voting in favor and 28 against.

🔵Trump may approve the repeal of cryptocurrency tax rules

📌 Reports indicate that President Donald Trump may approve the Congressional resolution to overturn the new regulations set by the IRS regarding cryptocurrencies, which require some DeFi participants to report total earnings and taxpayer information.

✅ The Congressional Review Act (CRA) resolution proposed by Senator Ted Cruz received broad bipartisan support, with 70 members voting in favor and 28 against.
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