US lawmakers to challenge IRS rules on DeFi reporting requirements

US lawmakers are preparing a Congressional Review Act (CRA) that will challenge the Internal Revenue Service’s (IRS) broker rules, which require DeFi participants to report user data to the agency. Fox Business reporter Eleanor Terrett revealed on March 4 that Republican Senator Ted Cruz is leading efforts to introduce the CRA. The initial vote was […] The post US lawmakers to challenge IRS... source: https://cryptoslate.com/us-lawmakers-to-challenge-irs-rules-on-defi-reporting-requirements/