đ¨ Big win for crypto privacy! The IRS & Treasury just killed the controversial "crypto broker" rule that would've forced DeFi platforms to report user transactionsânames, addresses, the works.
Critics slammed it as unworkable and a threat to decentralization. Despite being introduced in 2021, strong pushback (led by Senator Ted Cruz) led to its full repeal on April 11.
The rule now has zero legal effect. A major step forward for DeFi and user privacy in the U.S. đşđ¸
Whatâs your takeâcommon sense move or future risk? đ
$BTC $ETH #DeFi #CryptoNews #IRS #CryptoTax
