Bipartisan approval in Congress overturns IRS DeFi crackdown

The US House of Representatives has voted overwhelmingly to overturn the controversial DeFi broker rule introduced by the Internal Revenue Service (IRS) under President Joe Biden’s administration. The measure passed with strong bipartisan support, as 292 lawmakers voted in favor while 132 opposed it. Although many Democrats resisted the repeal, 76 broke ranks to join […]