Trump Enacts Cryptocurrency Bill: Revokes Anti-DeFi Rule and Boosts DeFi Growth

President Trump signed a groundbreaking cryptocurrency bill into law, revoking the IRS’s restrictive anti-DeFi rule. This significant policy shift marks the first presidential involvement in crypto regulation. The bill is expected to boost innovation and drive growth in the decentralized finance sector. Industry analysts highlight the potential for accelerated DeFi expansion, comparing this move to past deregulation efforts that spurred growth in tech industries.