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...
Alright, so the digital asset reporting requirements for DeFi brokers got a reprieve. Repealed. Poof. President Trump signed off on it. Bipartisan support, they say. Innovation freed from the shackles of regulation! Sounds great, right? Less regulatory burdens, room for innovation, the Old West of Finance can officially exhale. And...
Pursuant to the new legislation signed by President Trump on April 10, 2025, digital asset reporting requirements are eliminated for brokers participating in decentralized finance (DeFi) systems. The legislation rolled into Public Law No. 119-5. In particular, it aims some tough love at Section 80603 of the Infrastructure Investment and...
Bitcoin’s recent plunge, stopping its upward march toward $86,000, has folks rushing to explain the cause. Powell’s stagflation warnings and tariff anxieties are taking the fall. Are we missing something crucial? Or is the looming fist of stablecoin regulation actually the secret power behind Bitcoin’s sudden downturn? If we do,...
The blockchain revolution promised to democratize finance. It’s quickly beginning to feel more like a digital Wild West. People are creating and destroying fortunes all around us based purely on speculation and there’s nobody enforcing the rules. The Bank for International Settlements (BIS) report isn’t a killjoy for innovation. Rather,...
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 ink is dry. Trump signed the repeal. Specifically, Congress used their CRA powers to recently repeal regulations that covered noncustodial digital asset brokers in DeFi. Sounds technical, right? It is. But the implications are anything but.Freedom's Dawn Or Fiscal Nightmare?On its face, this repeal hailed by some as a...
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...
Now, there are two competing bills in Congress. The GENIUS Act and the STABLE Act proposals each bill introduces a distinct approach to regulating stablecoins. Both hope to establish a regulatory environment for digital assets. When it comes to bankruptcy protections, regulatory standards, enforcement, and supervision, they take vastly different...