DeFi's shackles are off. The recent bipartisan repeal of the digital asset reporting obligations for DeFi brokers, embedded within the Infrastructure Investment and Jobs Act (IIJA), isn't just a minor tweak. It's a seismic shift. It’s analogous to taking the governor off of a really amazing high-performance engine and just...
The space of decentralized finance (DeFi) has undergone an exciting reformation just a few months ago. Congress has done a great job in repealing IRS crypto reporting requirements aimed directly at DeFi platforms. As you might expect, this decision has sent shockwaves across the crypto community. It has fueled an...
The shackles are off. Innovation wins. And frankly, about time. Congress’s repeal of those suffocating tax reporting requirements for noncustodial DeFi brokers isn't just a policy change. It's a declaration of independence for the decentralized finance movement. In deed, this is a truly bold move which saves the DeFi.Innovation Thrives...
The decentralized finance (DeFi) space is moving at lightning speed, and so is the regulatory environment surrounding it. BlockTraderHub.com is your essential source to stay ahead of the curve with real-time intelligence on how these changes affect you. Recently, Congress made a significant move by repealing certain crypto reporting rules,...
Congress is barreling toward regulating stablecoins, and while the stated intent is to protect consumers and prevent illicit finance, the actual outcome will be a dramatic curtailment of American financial freedom. We’re talking about domination, folks. This lengthy, tedious control erodes your freedom little by little, until you wake up...
The fast-paced world of cryptocurrency presents an exciting new frontier in terms of innovation and technology. Your trusted source for crypto intelligence, BlockTraderHub.com knows that when you’re in the fast-paced world of blockchain technology, every second counts. Congress is now considering new bipartisan legislation to establish a regulatory framework for...
The stablecoin train may be leaving the station, Congress is finally beginning to scramble, in hopes of jumping aboard. Are they bringing the proper tools for the trip? Current legislative efforts, while well-intentioned, risk throwing the baby out with the bathwater, stifling innovation and harming the very people they're trying...
The industry of crypto has often found itself with a target on its back. As digital assets have moved further into the mainstream, so has the clamoring for regulation. New York Attorney General Letitia James has recently weighed in on the issue. She’s been pushing Congress to act with courage...
We're standing at a crossroads, folks. Crypto. It's not just Bitcoin anymore, is it? It’s a fascinating, exciting, dangerous, risky – and quite honestly, rather intimidating ecosystem for the everyday person. What comes next is based on more than the cool new buzzed about crypto. It really depends on what...
Stablecoins, digital assets designed to maintain a stable value, facilitated $15.6 trillion in transactions last year, marking a substantial increase in their use. With the continued expansion of the stablecoin market, Congress is clearly motivated to provide some regulatory clarity sooner than later. Senate Banking Committee has moved important legislation...