Congress repealed the IRS broker rule, but can it regulate DeFi?

The decentralized finance (DeFi) industry is breathing a sigh of relief as Congress relaxes reporting obligations, but questions remain about how lawmakers will regulate DeFi.On March 12, the House of Representatives voted to nullify a rule that required DeFi protocols to report gross proceeds from crypto sales, as well as info on taxpayers involved, to the Internal Revenue Service (IRS). The... source: https://cointelegraph.com/news/congress-repealed-irs-broker-rule-regulate-defi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound