Tag: cruz

Ted Cruz, a vocal champion of cryptocurrency, recently spearheaded efforts that culminated in the first crypto bill becoming law – overturning a Biden-era IRS rule. He’s leading the charge on the FLARE Act, which is meant to incentivize Bitcoin mining with flared natural gas. On the surface, it sounds like...

In a landmark victory for the crypto industry, President Trump has signed a down res. This move is a de facto repeal of an IRS regulation that would require Decentralized Finance (DeFi) platforms strict and costly reporting burdens. Crypto proponents and developers alike are rejoicing over the decision. It’s all...