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IRS regulations

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bipartisan rejection of irs defi

Congress Crushes IRS Crackdown on DeFi in a Stunning Bipartisan Rebuke

Congress demolishes IRS DeFi crackdown in a shocking 292-132 vote, with 76 Democrats switching sides. What sparked this rare bipartisan rebellion against regulations that would have cost $260 billion? The crypto community celebrates a pivotal win.
senate rejects irs defi reporting

Senate Crushes IRS Plan to Force DeFi Apps Into Tax Reporting in Landmark 70-27 Vote

In a stunning 70-27 vote, Senate torpedoes IRS plans to regulate DeFi, uniting Democrats and Republicans against what critics call “technologically impossible” tax reporting demands. The battle continues in the House.