Treasury, IRS Scrap Crypto Broker Rule for DeFi Services

July 11, 2025

Catenaa, Friday, July 11, 2025- The US Treasury Department and Internal Revenue Service on Thursday repealed a controversial rule that required decentralized crypto platforms to report user transaction data, ending years of regulatory uncertainty and industry pushback. The rule, first introduced under the Biden administration in 2021, aimed to expand the definition of a “broker” […]