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US lawmakers move to overturn controversial IRS defi broker rule

Rony Roy
February 27, 2025
us-lawmakers-move-to-overturn-controversial-irs-defi-broker-rule
US lawmakers move to overturn controversial IRS defi broker rule
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A controversial tax rule proposed by the U.S. Internal Revenue Service, requiring decentralized finance brokers to report crypto transactions, could be overturned as lawmakers have pushed to repeal it. On Feb. 26, U.S. House Representatives advanced a resolution to scrap…

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