EPISODE · Apr 24, 2025 · 4 MIN
Bitcoin Soars and IRS DeFi Rules Repealed: A New Era for Crypto
from Simply Crypto · host Simply Crypto from Qurrent
In today's episode, we delve into the cryptocurrency world as Bitcoin surpasses $90,000 and the U.S. Congress repeals IRS reporting rules for DeFi platforms. Discover the implications of this legislative change, the crypto sector's reaction, and what it means for future regulations. Join us for an in-depth analysis of these pivotal developments in the crypto industry. Sources: https://rsmus.com/insights/tax-alerts/2025/congress-nullifies-irs-crypto-reporting-regulations-for-defi-platforms.html https://www.pymnts.com/cpi-posts/court-pauses-18-state-lawsuit-against-sec-over-crypto-trading-rules-ahead-of-possible-settlement/ https://www.cryptocurrencywire.com/trump-signs-law-to-void-expanded-irs-rule-for-crypto-brokers/ https://defieducationfund.substack.com/p/defi-debrief-ee4 https://taxaid.com/blog/ https://www.cryptocurrencywire.com/trump-signs-law-to-void-expanded-irs-rule-for-crypto-brokers/ https://www.instagram.com/p/DIjCbhrOMUf/ https://defieducationfund.substack.com/p/defi-debrief-ee4 https://taxaid.com/blog/ https://www.paulhastings.com/insights/crypto-policy-tracker/dramatic-shifts-point-to-foundation-for-a-comprehensive-digital-asset-framework-in-the-us https://www.paulhastings.com/insights/crypto-policy-tracker/dramatic-shifts-point-to-foundation-for-a-comprehensive-digital-asset-framework-in-the-us https://defieducationfund.substack.com/p/defi-debrief-ee4 https://cryptoslate.com/former-sec-lawyer-warns-ending-sec-crypto-action-could-trigger-bank-contagion/ https://www.coinmarketcal.com/tr/news/former-sec-lawyer-warns-ending-sec-crypto-action-could-trigger-bank-contagion https://ourtake.bakerbotts.com https://rsmus.com/insights/tax-alerts/2025/congress-nullifies-irs-crypto-reporting-regulations-for-defi-platforms.html https://cointelegraph.com/learn/articles/trumps-crypto-push-vs-xis-digital-yuan https://www.cooley.com/news/insight/2025/2025-04-23-crypto-shakeup https://www.wilmerhale.com/en/insights/blogs/in-the-public-interest/20250421-crypto-currently-the-road-ahead-for-cryptocurrency-regulation-and-enforcement https://www.goodwinlaw.com/en/insights/newsletters/2025/04/newsletters-practices-dcb-digital-currency-blockchain-q2-2025
What this episode covers
In today's episode, we delve into the cryptocurrency world as Bitcoin surpasses $90,000 and the U.S. Congress repeals IRS reporting rules for DeFi platforms. Discover the implications of this legislative change, the crypto sector's reaction, and what it means for future regulations. Join us for an in-depth analysis of these pivotal developments in the crypto industry.Sources:https://rsmus.com/insights/tax-alerts/2025/congress-nullifies-irs-crypto-reporting-regulations-for-defi-platforms.htmlhttps://www.pymnts.com/cpi-posts/court-pauses-18-state-lawsuit-against-sec-over-crypto-trading-rules-ahead-of-possible-settlement/https://www.cryptocurrencywire.com/trump-signs-law-to-void-expanded-irs-rule-for-crypto-brokers/https://defieducationfund.substack.com/p/defi-debrief-ee4https://taxaid.com/blog/https://www.cryptocurrencywire.com/trump-signs-law-to-void-expanded-irs-rule-for-crypto-brokers/https://www.instagram.com/p/DIjCbhrOMUf/https://defieducationfund.substack.com/p/defi-debrief-ee4https://taxaid.com/blog/https://www.paulhastings.com/insights/crypto-policy-tracker/dramatic-shifts-point-to-foundation-for-a-comprehensive-digital-asset-framework-in-the-ushttps://www.paulhastings.com/insights/crypto-policy-tracker/dramatic-shifts-point-to-foundation-for-a-comprehensive-digital-asset-framework-in-the-ushttps://defieducationfund.substack.com/p/defi-debrief-ee4https://cryptoslate.com/former-sec-lawyer-warns-ending-sec-crypto-action-could-trigger-bank-contagion/https://www.coinmarketcal.com/tr/news/former-sec-lawyer-warns-ending-sec-crypto-action-could-trigger-bank-contagionhttps://ourtake.bakerbotts.comhttps://rsmus.com/insights/tax-alerts/2025/congress-nullifies-irs-crypto-reporting-regulations-for-defi-platforms.htmlhttps://cointelegraph.com/learn/articles/trumps-crypto-push-vs-xis-digital-yuanhttps://www.cooley.com/news/insight/2025/2025-04-23-crypto-shakeuphttps://www.wilmerhale.com/en/insights/blogs/in-the-public-interest/20250421-crypto-currently-the-road-ahead-for-cryptocurrency-regulation-and-enforcementhttps://www.goodwinlaw.com/en/insights/newsletters/2025/04/newsletters-practices-dcb-digital-currency-blockchain-q2-2025
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Bitcoin Soars and IRS DeFi Rules Repealed: A New Era for Crypto
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