• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    Michael Saylor's Alleged Bitcoin Advice to MrBeast Lacks Evidence

    Michael Saylor’s Alleged Bitcoin Advice to MrBeast Lacks Evidence

    Michael Saylor Allegedly Advises MrBeast on Bitcoin Purchase

    Michael Saylor Allegedly Advises MrBeast on Bitcoin Purchase

    Bitcoin Spot ETFs Surpass $60 Billion in Inflows

    Bitcoin Spot ETFs Surpass $60 Billion in Inflows

    El Salvador's Bitcoin Strategy: $775M Reserves and $475M Gains

    El Salvador Reports $775M in Bitcoin Holdings

    El Salvador's Bitcoin Portfolio Reaches $775M, Driven by Surge

    El Salvador’s Bitcoin Portfolio Reaches $775M, Driven by Surge

    BlackRock CEO Predicts Bitcoin Could Hit $700,000

    BlackRock CEO Predicts Bitcoin Could Hit $700,000

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    Solana to BNB Transfer Unconfirmed but AVAX and ETF Movements Noted

    Solana to BNB Fund Reports Lack Confirmation

    Unverified Report Claims $111M SOL Moved to BNB

    Unverified Report Claims $111M SOL Moved to BNB

    Tether Launches $200M Tokenized Gold Treasury

    Tether Launches $200M Tokenized Gold Treasury

    Tether Plans $200M Investment in Tokenized Gold Treasury

    Tether Plans $200M Investment in Tokenized Gold Treasury

    Tether's Tokenized Gold Treasury Initiative

    Tether Launches $200M Tokenized Gold Treasury Fund

    Tether Seeks $200 Million for Tokenized Gold Treasury

    Tether Seeks $200 Million for Tokenized Gold Treasury

    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

Taiwan Rejects U.S. Semiconductor Relocation Proposal

Taiwan Rejects U.S. Semiconductor Relocation Proposal

by Solomon M.
October 5, 2025

Taiwan officially rejects U.S. '50-50' chip production plan, affecting tech geopolitics.

Taiwan Proposes U.S. Investment, Rejects 50-50 Chip Proposal

Taiwan Proposes U.S. Investment, Rejects 50-50 Chip Proposal

by Solomon M.
October 5, 2025

Taiwan plans tech investment in the U.S., declines 50-50 chip split idea.

Elderly Woman Scammed by Fake FBI Agent

Elderly Woman Scammed by Fake FBI Agent in Bay Area

by Solomon M.
October 5, 2025

An elderly woman in the Bay Area was scammed out of $63,000 by a fraudster posing as an FBI agent,...

$111M Transfer from SOL to BNB Unverified

$111M Transfer from SOL to BNB Unverified

by Solomon M.
October 5, 2025

No primary sources confirm $111M moved from Solana to BNB. BlackRock's BTC, ETH outflows noted.

Tether's $200 Million Initiative for Tokenized Gold Treasury

Tether Seeks $200M for Tokenized Gold Initiative

by Solomon M.
October 5, 2025

Tether aims to raise $200 million to establish a digital asset treasury for XAU₮ tokenized gold.

Tether's $200M Funding Initiative for Tokenized Gold

Tether Seeks $200M to Boost Tokenized Gold Initiative

by Solomon M.
October 5, 2025

Tether seeks $200M to expand tokenized gold initiative with new treasury partnership.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • 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.