IRS DeFi Broker Rule Repeal Inches Closer to Approval by President Trump

The Senate has passed a resolution to overturn the IRS’ proposed crypto broker rule under the Trump administration. This move is a significant win for the decentralized finance (DeFi) industry and crypto investors who were concerned about the potential impact of the rule on their financial activities. The resolution, which was passed with bipartisan support, [...]

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UAE stablecoin issuer gets greenlight, FTX customers sue hedge fund: Law Decoded

While the UAE central bank has given a significant regulatory nod to a new stablecoin, an FTX customer sued hedge fund Olympus Peak over its alleged profits from the exchanges meltdown.

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