#USCryptoReserve President Warming Up His Pen to Sign Resolution to Kill IRS Crypto Rule! 🚨

Big news coming from Washington! President Donald Trump is getting ready to take action on a controversial IRS crypto rule that could reshape the future of decentralized finance (DeFi) in the U.S. If a Congressional resolution hits his desk, Trump is likely to approve it, according to a statement from his senior advisers. The resolution seeks to rescind an IRS rule that requires certain DeFi participants to report detailed information about their crypto transactions, including the taxpayers involved.

This rule, pushed through in the final days of the previous administration, has been criticized for placing unnecessary burdens on the rapidly growing DeFi sector. David Sacks, Trump’s crypto czar, called the rule "inappropriate" and an obstacle to the U.S. crypto industry’s growth.

Now, the U.S. Senate is moving forward with the resolution, and the momentum is building. In a historic move, a *bipartisan super majority* of senators voted 70-28 to proceed with the debate on the resolution. That’s a *huge win* for the crypto community!

Senator Ted Cruz, who introduced the resolution, believes that these heavy-handed regulations are pushing crypto entrepreneurs overseas when the U.S. should be fostering innovation. And with a growing number of Democrats joining Republicans in backing the resolution, this could be a game-changer for the U.S. crypto market.

But it's not over yet—the resolution still needs to pass both the Senate and the House of Representatives before landing on Trump’s desk. If it passes, the rule could be wiped out, freeing DeFi from these restrictive regulations.

With crypto in the spotlight this week—especially with Trump’s recent support for a crypto reserve and upcoming meetings with crypto leaders—the stakes couldn’t be higher.

This is a defining moment for the future of crypto in America. Will Congress overturn the IRS’s rule? And if Trump signs it, what will it mean for the industry? Stay tuned, this is just getting started!