The US Senate has passed a resolution to kill a Biden administration-era rule to require decentralized finance (DeFi) protocols to report to the Internal Revenue Service, which will now head to US President Donald Trump’s desk. On March 26, the Senate voted 70-28 to pass a motion repealing the so-called IRS DeFi broker rule that aimed to expand existing IRS reporting requirements to crypto. The Senate had voted to pass the resolution earlier in March, which also passed the House, but it was sent back to the Senate for a…
Day: March 27, 2025
Balaji Srinivasan: Dollar Inflation Is Global Taxation
In a recent social media post, former Coinbase CTO Balaji Srinivasan argued that U.S. dollar inflation acts as a form of global taxation, highlighting the disparity in financial impacts between Americans and the global population. He noted that if the approximately $6 trillion printed since 2020 were distributed solely among the 330 million Americans, each […] Source CryptoX Portal
Analyst says There Is 100% Chance Of A Bullish Rally, Here’s Why
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Dogecoin appears to be preparing for its next significant move, with a familiar price structure showing up on its price chart. According to crypto analyst (basictradingtv), the meme coin…
SEC Just Dropped 4 New Crypto Roundtables—Public Invited to Shape Regulations
Regulators signal a seismic shift toward crypto clarity with four new SEC roundtables, fueling optimism as trading, custody, DeFi, and tokenization take center stage. Crypto Regulations Enter New Phase as SEC Unleashes 4 New Roundtables The U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force revealed plans Tuesday to hold four additional public roundtables in […] Source BitcoincryptoexchangeExchanges CryptoX Portal