Trump Repeals IRS Rule That Targeted DeFi Platforms in Tax Reporting Crackdown

🚨

At least now, the encryption industry scored a great victory with this new update related to IRS Crypto Reporting. On April 10, 2025, President Donald Trump signed an official bill killing The tax department base that requires decentralized financing platforms (Defi) to report user treatment data. This rule, which was completed late last year under … Read more

Musk’s DOGE exec claims $1.5 billion savings from IRS technology budget

Musk’s DOGE exec claims $1.5 billion savings from IRS technology budget

Duj, Duj, the government -backed government spending, has canceled $ 1.5 billion in technology contracts from the IRS, according to CEOs involved in the review. Sam Korkos, CEO of the levels of health technology companies and a special advisor to the Ministry of Treasury, announced on Thursday that he identified and spends important tax authority … Read more

GSA Fires IRS Tech Team Amid Controversy over DOGE’s Efficiency Measures

Ethereum Spot ETF Sees Record $1.08 Billion Net Inflow in Just 5 Days

On March 2, Coinotag News stated that a spokesman for ** from the Public Services Department (** GSA **) announced major changes within the agency. The Trump administration has solved a group of skilled civil service employees from the free tax provision project for the tax and government sites. According to ** Thomas SEDD **, … Read more

IRS Delays New Crypto Tax Reporting Rules Until 2026

👏

The US Internal Revenue Service (IRS) announced a one-year delay to implement New tax reporting requirements for cryptocurrencies. It is now scheduled to enter into force on January 1, 2026. the The postponement gives brokers more time to adapt to regulations, which focus on setting the cost basis of cryptocurrencies on centralized platforms.According to Official … Read more