President Trump Overturns IRS Rule Targeting DeFi in Historic Pro-Crypto Move
In a major win for the crypto industry, President Trump has officially signed a resolution overturning a controversial IRS rule that sought to regulate decentralized finance (DeFi) transactions. This marks the first time a significant pro-crypto measure has successfully passed through Congress, signaling a new era of support for digital innovation in Washington.
The DeFi community can now breathe a sigh of relief as this burdensome IRS rule is no longer a threat to decentralized platforms and users.
