Trump Dismantles Controversial DeFi Regulation: A Major Victory For the Crypto Industry

President Donald Trump has signed a resolution effectively repealing the controversial IRS DeFi Broker Rule, marking a significant victory for the cryptocurrency sector and its supporters in Congress. The rule, introduced during the final days of the Biden administration, had broad implications for decentralized finance (DeFi) platforms. The move comes as part of a broader regulatory shift under the Trump administration.