Mon, April 21

U.S. House Votes to Overturn IRS Rule on DeFi Platforms

Members of the House of Representatives voted with a clear majority to reverse IRS regulations that define crypto entities together with DeFi platforms as brokers.  The latest IRS rule required all crypto entities to gather tax information from their users before the Biden administration left office. The Congress gained a

March 12, 2025 3 mins read

US House Approves Debt Ceiling Bill to Combat Default

Five days prior to Treasury’s deadline, the US House of Representatives overwhelmingly voted on Wednesday to boost the federal debt ceiling. With the majority of Democrats and Republicans voting in favor, the U.S. House of Representatives passed a bill to suspend the $31.4 trillion debt limit. Also, the bill would

June 1, 2023 1 min read