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🇺🇸#Crypto

U.S. President Donald Trump has signed a resolution repealing a crypto tax rule that was finalized in the final days of the Biden administration. The now-overturned rule required custodial brokers to report user transaction data to the IRS and issue Form 1099s for non-employment income. The resolution, introduced by Republican lawmakers Ted Cruz and Mike Carey, successfully passed both the House and Senate before receiving presidential approval.