Tag: broker

President Donald Trump has signed a historic bipartisan crypto bill into law, repealing the ridiculous DeFi Broker Rule. The IRS implemented this rule within the Biden administration. Finalized at the end of 2024, it would have created unprecedented regulatory burdens on the decentralized finance (DeFi) sector. This particular bill is...

Now OpenSea continues to make waves by siding with crypto against the United States Securities and Exchange Commission (SEC). The company further contends that it doesn’t meet the federal securities laws’ definition of a broker or exchange. The company recently was on the receiving end of a Wells notice from...