✊ Radical upheavals in Regulations 🪙
❗Note that the U.S. Securities and Exchange Commission (SEC) has dropped or suspended more than a dozen lawsuits against cryptocurrency companies.
🏦 Additionally, the Justice Department announced the dissolution of its crypto-crime unit, signaling a softer approach to the sector.
ℹ️ The internal situation at the IRS is also unstable. According to sources, more than 23,000 IRS employees have expressed interest in leaving the agency as a result of Trump’s resumption of a voluntary retirement program. This raises concerns about the long-term staffing and morale of the agency’s employees. The new head of the IRS crypto unit will have to balance tax compliance efforts with a changing political landscape.
❓Life is changing 🤔