On April 10, 2025, President Trump chose to Go Big when he signed supplement appropriations. This new law repealed the digital asset reporting requirements that DeFi brokers were subject to under Section 80603 of the Infrastructure Investment and Jobs Act (IIJA). This action represents a serious line in the sand...
Congress has successfully overturned the Biden administration's digital asset reporting rule, signaling a notable shift in Washington’s approach to cryptocurrency regulation. This judicial action exhibits what many in our movement know to be true: the growing clout of the cryptocurrency industry to influence public policy. Then, in December 2024, regulators...
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 Repealed.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...
Congress has repealed digital asset regulations concerning tax reporting requirements for certain decentralized finance (DeFi) platforms functioning as noncustodial brokers. On April 10, President Donald Trump signed House Joint Resolution 25, terminating the guidance. This move was a big step toward preventing the implementation of harmful regulations that would apply...
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,...
