First Ever US Crypto Law Signed as Trump Overturns IRS DeFi Broker Rule, Halting Data Reporting Mandates on Decentralised Platforms
Donald Trump signed a new law that cancels an IRS rule which would have forced DeFi platforms to report user data like traditional brokers. The rule was widely opposed for being unworkable and harmful to innovation, and Congress voted to repeal it with bipartisan support.
