
Eleanor Terrett|Mar 05, 2025 14:53
🚨NEW: @SenTedCruz has released a statement on the Senate passing his CRA to rescind the IRS DeFi broker rule. The resolution passed the Senate in a “super” majority of 70-27.
It will now move on to the House.
“Last night’s vote was a victory for American innovation. In a midnight move, the Biden administration attempted to undermine American privacy and impose burdensome regulations on digital currency,” Cruz said. “Yesterday, an overwhelming bipartisan majority voted in support of my legislation to rescind this harmful regulation. I urge the House to pass this legislation expeditiously.”
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