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Bitcoin.com 2025-03-06 00:40:02

US Senate Strikes Down IRS Crypto Rule With White House Support—DeFi Just Won a Huge Battle

The U.S. Senate overwhelmingly rejected an IRS crypto rule targeting DeFi, dealing a major blow to regulations critics say would cripple crypto innovation and threaten digital privacy. Senate Overturns IRS DeFi Rule With a 70-28 Vote The U.S. Senate passed a resolution on March 4, led by Senator Ted Cruz (R-TX), to overturn an Internal

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