<ul data-eligibleForWebStory="false"><li>The US Treasury and IRS have repealed a crypto broker tax rule that targeted DeFi platforms, restoring the original tax code language.</li><li>Congressional efforts prevented the IRS from re-imposing the DeFi rule under the same legal framework.</li><li>A hearing on a modern digital asset tax policy framework is scheduled for July 16.</li><li>The repealed rule would have required non-custodial crypto platforms to report user data, but its removal safeguards DeFi networks from such obligations and limits future IRS proposals.</li></ul>

US Treasury & IRS Repeal Crypto Broker Tax Reporting Rule for DeFi Platforms

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