President Trump threw crypto a bone

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✍️ President Trump threw crypto a bone: He signed off on killing an IRS rule that would’ve forced decentralized finance platforms to act like brokers. Yep, meaning they’d have to track and report your activity for taxes. Critics said it was a privacy nightmare and would’ve overloaded the IRS with too much data. One small win for crypto, one giant headache coming for stablecoins.

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Tags: data, privacy, report, taxes, track

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