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House Panel Strikes Down IRS Crypto Rule—DeFi Just Scored a Major Win

A House committee has moved to repeal the IRS’ controversial “DeFi Broker Rule,” arguing it would stifle innovation, overwhelm the agency with filings, and disadvantage U.S. crypto users. House Committee Blocks IRS DeFi Broker Rule The House Ways and Means Committee has voted to repeal the Biden Administration’s last-minute “DeFi Broker Rule,” arguing that the CoinTurk News

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SEC Classifies Memecoins Like Collectibles, Impacts Investor Protections and Market Dynamics

The U.S. Securities and Exchange Commission (SEC) has officially classified memecoins as collectibles, impacting their regulatory status and security protections. This landmark decision means that memecoins, unlike traditional cryptocurrencies, do CoinTurk News