The US Senate has overwhelmingly passed a resolution to repeal the IRS's controversial 'DeFi Broker Rule,' a move celebrated by the cryptocurrency industry. With a decisive 70-28 vote, the resolution now awaits President Trump's signature to become law. The 'DeFi Broker Rule' mandated that brokers within the decentralized finance (DeFi) space report gross proceeds from digital asset sales. Critics argued that the rule was overly broad, technically infeasible, and stifled innovation within the rapidly growing DeFi sector. According to reports, White House staff are expected to recommend President Trump sign the resolution, signaling a potentially positive shift in regulatory approach towards digital assets. This repeal could foster further growth and investment in the US DeFi market. ```