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...
Is Trump’s embrace of crypto a smart move, or a crazy gamble? His signing of the bill repealing the IRS's "DeFi Broker Rule" – finalized just before he took office – sends a clear signal: America is open for crypto business. But at what cost?Freedom Rings, But at What Price?First,...
It’s been a very trippy week in the world of cryptocurrency. With some tokens experiencing double-digit percentage drops in price, a leading centralized exchange getting hacked, and new regulatory actions shaking the scene in the United States, digital assets ranging from EOS to Near Protocol (NEAR) took a major beating....
Nevertheless, with economic uncertainty on the horizon, the crypto industry is set for a major testimony. The digital asset landscape, still treating its wounds from the most recent volatility, now faces a big unknown with the possibility of a recession. A perfect storm of difficult circumstances hangs over all crypto...
On April 10, US President Donald Trump signed a joint congressional resolution. This new law would largely accomplish the goal of reversing the IRS’s wildly unpopular DeFi broker rule. This move, if made permanent, would commensurately prevent the Treasury Department from implementing expansive reporting requirements for DeFi platforms and services....
The news broke: the DOJ is shuttering the National Cryptocurrency Enforcement Team (NCET). Immediately. To hear Trump tell it, it’s all about encouraging technological innovation, putting a stop to “regulation by prosecution.” Is it really about unleashing the future, or just unleashing havoc? Look – I get it, I think...