BREAKING: Huge win for DeFi!
President Trump has officially repealed the IRS rule that classified decentralized finance platforms as “brokers.”
That rule would’ve required DeFi apps to report user data—like traditional exchanges—which most of them literally can’t do.
This move aligns with Trump’s growing pro-crypto agenda, including talks about a U.S. federal bitcoin reserve.
The repeal removes a big regulatory hurdle for DeFi to keep innovating without unnecessary burdens.
#Crypto #DeFi #Trump
Source: Reuters
April 11, 2025 189
