• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    Bitcoin Short Squeeze Anticipated Amid US CPI Speculation

    Bitcoin Short Squeeze Anticipated Amid US CPI Speculation

    Bitcoin Short Squeeze Potential Amid Bullish CPI Speculation

    Bitcoin Short Squeeze Anticipated Amid Bullish US CPI Speculation

    Crypto Market Increases by $100 Billion in 24 Hours

    Crypto Market Increases by $100 Billion in 24 Hours

    Crypto Market Gains $100 Billion in 24 Hours

    Crypto Market Gains $100 Billion in 24 Hours

    Jack Dorsey Declares Bitcoin As Currency By 2026

    Jack Dorsey Declares Bitcoin As Currency By 2026

    Jack Dorsey's Vision for Bitcoin

    Jack Dorsey Declares Bitcoin as Currency, Not Cryptocurrency

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    North Carolina Man Loses $3M in XRP Theft

    North Carolina Man Loses $3M in XRP Theft

    Chainlink Withdrawal Analysis: Implications and Insights

    New Wallet Withdraws $2.4M LINK from Binance

    New Wallet Withdraws $2.4 Million in LINK from Binance

    New Wallet Withdraws $2.4 Million in LINK from Binance

    New Wallet Withdraws $2.4M in LINK from Binance

    New Wallet Withdraws $2.4M in LINK from Binance

    OpenSea Announces SEA Token Launch for Q1 2026

    OpenSea Announces SEA Token Launch for Q1 2026

    Solana Price Drops Amid Derivatives Market Slowdown

    Solana Price Drops Amid Derivatives Market Slowdown

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Trump Signs First U.S. Crypto Law Repealing IRS Rule

Solomon M. by Solomon M.
April 11, 2025
in Latest News
trump signs crypto bill painting
Key Points:

  • Main event, leadership changes, market impact, financial shifts, or expert insights.
  • Landmark crypto law enhances DeFi innovation.
  • Repeal reduces regulatory burden on decentralized platforms.

u-s-president-trump-signs-first-crypto-related-bill
U.S. President Trump Signs First Crypto-related Bill

In Washington D.C., on April 10, 2025, U.S. President Donald Trump signed the first crypto-related bill into law, repealing an IRS rule impacting DeFi platforms.

The event is significant as it supports the U.S. stance towards crypto growth, potentially spurring market optimism and regulatory acceptance.

Repealing the IRS Rule

Trump’s administration has underscored its pro-crypto approach by enacting legislation that repeals IRS regulations affecting DeFi platforms. This is viewed as pivotal for fostering technological growth and safeguarding digital privacy. Rep. Mike Carey of Ohio and Sen. Ted Cruz of Texas were leading advocates for this legislative change, heralding the repeal as a stepping stone for DeFi platforms. The repeal eliminates former compliance barriers, expected to inspire further innovations.

DeFi platforms, including Uniswap and Aave, anticipate regulatory ease, potentially boosting confidence. Increased liquidity is expected as platforms engage more freely without former IRS constraints. Financially, the legislative move is predicted to position the U.S. as a leader in the crypto space.

“By repealing this misguided rule, President Trump and Congress have given the IRS an opportunity to return its focus to the duties it already owes American taxpayers instead of creating unnecessary hurdles.” — Rep. Mike Carey, U.S. Congressman, Ohio

The Trump administration aims to balance regulatory oversight between the SEC and CFTC, fostering secure yet growth-friendly environments.

This law represents an advanced stride in U.S. crypto policy. Looking forward, potential impacts may include stimulated technological innovation, encouraged investments, and strengthened regulatory frameworks shaping the future of digital finance globally.

Previous Post

Trump Signs First Crypto Bill into U.S. Law

Next Post

BlockDAG Hits $213M Mark, ADA Slides & DOGE Nears Breakout

Solomon M.

Solomon M.

Related Posts

Japan's FSA Considers Banks Trading Crypto Assets

Japan’s FSA Considers Banks Trading Crypto Assets

by Solomon M.
October 20, 2025

Japan's FSA may allow banks to hold and trade crypto, aligning with mainstream finance.

Binance Bans 600 Accounts for Misuse of Trading Tools

Binance Bans 600 Accounts for Misuse of Trading Tools

by Joshua T.
October 20, 2025

Binance bans over 600 accounts for trading tool misuse, impacting BNB and platform integrity.

Binance Terminates 600 Accounts for Trading Violations

Binance Terminates 600 Accounts for Trading Violations

by Joshua T.
October 20, 2025

Binance bans 600 accounts over trading tool misuse; impacts BNB token and market stability.

Crypto Market Gains $100B in 24 Hours Amid ETF Inflows

Crypto Market Gains $100B in 24 Hours Amid ETF Inflows

by Adriana M.
October 20, 2025

The crypto market surged by $100 billion in 24 hours, driven by institutional inflows and global sentiment shifts.

Crypto Market Surges by $100 Billion in 24 Hours

Crypto Market Surges by $100 Billion in 24 Hours

by Solomon M.
October 20, 2025

The cryptocurrency market sees a $100 billion surge led by major coin gains and institutional ETF inflows.

U.S. National Debt Surges to Record $37.9 Trillion

U.S. National Debt Surges to Record $37.9 Trillion

by Solomon M.
October 19, 2025

U.S. national debt reaches $37.9 trillion, triggering economic reactions and concerns.

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.