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Urgent Relief for DeFi? US House Committee Moves to Repeal Controversial IRS Tax Rule

BitcoinWorld LogoBitcoinWorld11h ago

Urgent Relief for DeFi? US House Committee Moves to Repeal Controversial IRS Tax Rule - BitcoinWorld

Quick Summary:

The world of decentralized finance (DeFi) just witnessed a potentially game-changing development!

In a move celebrated by the crypto industry, the U.S.

House Ways and Means Committee has taken a significant step towards reversing a controversial IRS tax rule that has been hanging over the DeFi sector like a dark cloud.

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Urgent Relief for DeFi? US House Committee Moves to Repeal Controversial IRS Tax Rule - BitcoinWorld (Picture 1)

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Article Details

Author / Journalist: Editorial Team

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-26 @ 23:00:49 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 836 words

Reading Time: 5 minutes read

Sentences: 66 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 26467047

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About BitcoinWorld

BitcoinWorld Logo

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 86 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

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The story "Urgent Relief for DeFi? US House Committee Moves to Repeal Controversial IRS Tax Rule" has 836 words across 66 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Which news outlet covered this story?

The story "Urgent Relief for DeFi? US House Committee Moves to Repeal Controversial IRS Tax Rule" was covered 11 hours ago by BitcoinWorld, a news publisher based in India.

How trustworthy is 'BitcoinWorld' news outlet?

BitcoinWorld is a fully independent (privately-owned) news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 86 news stories per day.

It's most recent story was published 10 hours ago.

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  • News ID: #26467047
  • URL: https://chronographically.beamstart.com/news/urgent-relief-for-defi-us-17406112669369

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