🚨 U.S. Treasury Repeals IRS DeFi Rule
⚡ Big win for DeFi! The controversial Biden-era IRS rule requiring 1099-DA forms from DeFi platforms has been officially scrapped.
✅ Applies to non-custodial DeFi
❌ Still applies to centralized exchanges
🔒 Boosts privacy and supports decentralization
Users still need to report taxes manually — but the burden on DeFi protocols is gone.