- U.S lawmakers are pushing to repeal the DeFi broker rule, citing excessive government intervention
- Republican-led shift may ease crypto regulations as enforcement priorities move towards immigration
U.S lawmakers are pushing back against the controversial “DeFi broker rule,” which mandates decentralized exchanges and digital asset brokers to report transaction details to the IRS. tOn 26 February, the House Ways and Means Committee voted 26-16 to advance a resolution seeking to repeal the rule before its scheduled implementation in 2027.
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