Treasury Officially Scraps Crypto Broker Reporting Rules After Congressional Vote | Crypto

The US Treasury Department officially scrapped crypto broker reporting rules on Thursday, following a Congressional vote to revoke them under the Congressional Review Act, with Senator Ted Cruz leading the effort as the successful repeal prevents future similar proposals and marks a significant victory for DeFi advocates. The post US Treasury Officially Scraps Crypto Broker Reporting Rules After Congressional Vote appeared first on Cryptonews.