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Bitcoin.com News|Feb 20, 2025 19:53
The Blockchain Association is calling on Congress to support Senator Ted Cruz's measure to overturn the controversial DeFi broker rule! 🇺🇸 This rule threatens to stifle innovation and privacy in the crypto space, potentially harming America's leadership in DeFi. 📉🔒
The rule, introduced in the final days of the Biden administration, requires brokers to track and report user activity, impacting all digital assets, including NFTs and stablecoins.
With a vote expected by early March 2025, the stakes are high! What do you think about this push for regulatory change? Let’s hear your thoughts!
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