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Crypto firms rally behind Ted Cruz to block DeFi broker rule

The Blockchain Association, representing 76 crypto firms, urges Congress to repeal the IRS DeFi broker rule, arguing it threatens US crypto innovation and unfairly burdens blockchain firms.

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Crypto firms rally behind Ted Cruz to block DeFi broker rule

The Blockchain Association, representing 76 crypto firms, urges Congress to repeal the IRS DeFi broker rule, arguing it threatens US crypto innovation and unfairly burdens blockchain firms.

Why this matters

This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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