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Donald Trump Set to End IRS DeFi Tax Rule After Senate Vote
- The U.S. Senate voted to repeal a controversial tax rule targeting decentralized finance (DeFi) platforms.
- Crypto advocacy organizations celebrate the repeal, hoping for the permanent removal of the rule.
- DeFi platforms relieved from new IRS reporting rules, easing regulatory pressure.
- The repeal measure moves to President Donald Trump’s desk for approval.
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