Congress Kills IRS DeFi Broker Rule 🚨 1099-DA Won’t Apply to DeFi (For Now)

Massive win for the crypto community! In a shocking move, both the House and Senate voted to REPEAL the IRS’s DeFi broker rule — and Trump says he’ll sign it ASAP. This rule would’ve forced DeFi platforms and users to KYC and file 1099s like centralized brokers. But not anymore.

👀 If you’re in DeFi or trade crypto, this is a HUGE moment for your privacy and tax future.

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📜 Disclaimer
The content in this video is for educational and entertainment purposes only. While we aim to provide accurate and up-to-date information about cryptocurrency taxation, this is not intended as legal, tax, or financial advice. Always consult with a qualified tax professional to ensure compliance with IRS regulations and accurate reporting of your cryptocurrency transactions.