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Crypto firms ask Congress to roll back IRS rules for DeFi

Crypto Industry Asks Congress to Scrap IRS's DeFi Broker Rule

In what may be a big test of the crypto sector's new influence over a markedly friendlier U.S. Congress, it's asking for the reversal of an incoming tax policy.

Investing · 1d

Crypto industry calls for repeal of IRS broker rule

The Blockchain Association led a coalition of 75 cryptocurrency industry signatories in a letter urging Congress to repeal a controversial Internal Revenue Service (IRS) rule that could significantly impact decentralized finance (DeFi) operations.

CNBC on MSN · 20h

Crypto firms ask Congress to roll back IRS rules for DeFi: CNBC Crypto World

On today's CNBC Crypto World, bitcoin inches back to the $97,000 while ether remains flat. Plus, the Blockchain Association pens a letter to Congress asking for a repeal of finalized IRS DeFi broker rules.

Arabian Post on MSN · 1d

Crypto Industry Unites to Challenge IRS’s DeFi Reporting Mandate

Leading figures in the cryptocurrency sector, including Coinbase, a16z, Paradigm, Kraken, and Uniswap, have collectively urged the U.S. Congress to repeal a tax policy introduced by the Internal Revenue Service that mandates decentralized finance brokers to report user information.

1don MSN

SEC pulls own appeal in case over crypto broker-dealer rules

The US Securities and Exchange Commission has dropped its effort to undo a court ruling blocking a controversial ...

Crypto Briefing1d

NewsBriefs - SEC drops appeal in legal battle over crypto broker-dealer rule

The Securities and Exchange Commission (SEC) has withdrawn its appeal against a Texas court decision that blocked a ...

Three Arrested in Spain Over Plot to Kidnap and Extort Crypto Broker

Three suspects have been arrested in connection to a failed plat to kidnap and extort a crypto broker in Spain, police said.

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