#btc .. #Xrp🔥🔥 #bnb Breaking: The U.S. Treasury officially cancels tax reporting rules for crypto brokers 🇺🇸

The U.S. Treasury announced today the cancellation of rules that required cryptocurrency brokers, including DeFi platforms, to submit detailed reports about user transactions to the IRS.

📉 What does this decision mean?

✔️ Platforms are no longer required to disclose the data of crypto traders in America.

✔️ This is considered a victory for privacy in the cryptocurrency world.

✔️ This may ease restrictions on innovation in DeFi and Web3 platforms.

✔️ But be careful:

💲 This does not mean that taxes have disappeared, just that the burden of reporting is no longer on the brokers.

💵 The government may reintroduce new rules later in a different form.

💥 The market hits a new record after this decision