The US Senate has passed a resolution with 70-28 votes to abolish the IRS DeFi broker rules

Odaily Planet Daily News: According to journalist @ Eleanor Terrett, the US Senate has overwhelmingly passed the Congressional Review Act (CRA) for the second time with a vote of 70-28, aimed at abolishing the "broker" reporting rules set by the IRS for DeFi platforms. The resolution has now been submitted to President Trump for signature. If it ultimately takes effect, DeFi protocols will be exempt from the same user information reporting obligations as traditional securities firms.