Wu Blockchain (@WuBlockchain): The U.S. Senate has voted 70–28 to repeal a controversial crypto tax rule introduced at the end of the Biden administration. The rule required certain…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
The U.S. Senate has voted 70–28 to repeal a controversial crypto tax rule introduced at the end of the Biden administration. The rule required certain DeFi platforms to report user transactions and issue 1099 forms, sparking concerns over privacy and regulatory overreach. The repeal bill now heads to President Trump, and according to crypto advisor David Sacks, senior White House officials are expected to recommend signing it. If approved, it would mark Trump's first signed legislation on crypto in his current term. theblock.co/post/348358/se…