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Urgent Senate Vote Looms: Will the IRS DeFi Reporting Rule Be Axed?

BitcoinWorld LogoBitcoinWorld11h ago

Urgent Senate Vote Looms: Will the IRS DeFi Reporting Rule Be Axed? - BitcoinWorld

Quick Summary:

This week is shaping up to be a nail-biter in the world of digital assets.The U.S.

Senate is gearing up for a crucial vote that could significantly alter the landscape of DeFi reporting rule and crypto taxation.

Volatility of crypto assets, risks of fraud and scams, lack of investor education, decentralized nature making enforcement difficult.

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Urgent Senate Vote Looms: Will the IRS DeFi Reporting Rule Be Axed? - BitcoinWorld (Picture 1)

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Article Details

Author / Journalist: Editorial Team

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-03 @ 21:19:40 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 1004 words

Reading Time: 6 minutes read

Sentences: 76 lines

Sentence Length: 14 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 26644518

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About BitcoinWorld

BitcoinWorld Logo

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 71 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 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 Senate Vote Looms: Will the IRS DeFi Reporting Rule Be Axed?" has 1004 words across 76 sentences, which will take approximately 5 - 9 minutes for the average person to read.

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The story "Urgent Senate Vote Looms: Will the IRS DeFi Reporting Rule Be Axed?" 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 71 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #26644518
  • URL: https://chronographically.beamstart.com/news/urgent-senate-vote-looms-will-17410368129565

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