Connect with us

Coin Market

Trump signs resolution killing IRS DeFi broker rule

Published

on

US President Donald Trump on April 10 signed a joint Congressional resolution overturning a Biden-era rule that requires decentralized finance (DeFi) protocols to report to the country’s tax authority, the Internal Revenue Service.

The rule would have required DeFi platforms, such as decentralized exchanges, to file their gross proceeds from crypto sales and include information on those involved in the transactions.

Trump was widely expected to sign the bill, as White House AI and crypto czar David Sacks said in March that the president would support killing the measure.

This is a developing story, and further information will be added as it becomes available.

Continue Reading

Coin Market

Riot Platforms repays $200M credit facility, releases collateral

Published

on

By

The Bitcoin miner has continued to expand its data-center business as well.

Continue Reading

Coin Market

Saylor outlines ‘bill of digital rights’ to help build prosperity in future economy

Published

on

By

Our ambition should be to “enable 10 million new companies to raise capital,” Strategy’s executive chairman Michael Saylor wrote in an essay.

Continue Reading

Coin Market

Kalshi loses appeal, setting up potential Supreme Court case

Published

on

By

The 6th US Circuit Court of Appeals ruled against prediction market Kalshi, siding with Ohio and Tennessee on regulating sports-event contracts under state laws.

Continue Reading

Trending