DeFi has 3 options if IRS rule isn't rolled back — Alex Thorn
The United States Treasury Department and the Internal Revenue Service (IRS) received more than 44,000 comments after proposing the rule.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The United States Treasury Department and the Internal Revenue Service (IRS) received more than 44,000 comments after proposing the rule.
Why this matters
This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
FLEOA Backs Digital Asset CLARITY Act With Four DeFi Accountability Demands
The Federal Law Enforcement Officers Association (FLEOA) endorsed the Digital Asset Market Clarity Act on July 10, coming just wee...
Trump puts Senate on a 24-day clock to find 60 votes for America’s crypto CLARITY Act rulebook
The White House is increasing pressure on the Senate to pass the CLARITY Act before lawmakers leave Washington for their August re...
How a zeroed oracle signature unlocked $9M from Hedera DeFi lender Bonzo Lend
Hedera-based lending protocol Bonzo Lend has locked withdrawals after an oracle verifier accepted a proof containing a zeroed sign...
Ripple Crowned: UK Treasury Just Changed Everything for XRP
In the latest XRP news, Ripple Labs has joined the UK HM Treasury’s Wholesale Digital Markets taskforce, a 54-firm initiative that...
Transfer Agents Urge SEC to Favor Issuer-Backed Stock Tokens Over Crypto Platforms’ Synthetic Versions
A Wall Street trade group is pushing the SEC to draw a hard line in the fast-growing market for tokenized stocks, asking regulator...
SEC Chair Paul Atkins Urges US to Lead AI and Crypto With CLARITY Act as Trump Presses the Senate
Recent public statements from Atkins, Trump, and Senator Bill Hagerty have highlighted the CLARITY Act as a key step toward streng...