Daily Crypto News & Musings

Latest News and Articles about Ted Cruz

Crypto Industry Battles IRS Overreach: DeFi at Risk, CRA Resolution Introduced

Crypto Industry Fights Back Against IRS Overreach on DeFi The cryptocurrency sector, backed by the Blockchain Association and Senator Ted Cruz, is rallying against a new IRS rule threatening to stifle decentralized finance (DeFi) innovation. This contentious regulation, quietly dropped during the holiday season, could drive DeFi development offshore and compromise U.S. leadership in blockchain […]

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Ted Cruz Challenges IRS Crypto Rules with CRA, Sparks Industry Backlash

22 January 2025 Daily Feed , , ,

IRS Crypto Rules Spark Pushback From Texas Senator Ted Cruz Senator Ted Cruz is gearing up for a showdown with the IRS over controversial crypto income reporting rules, signaling a major battle between government oversight and the burgeoning world of decentralized finance. Cruz challenges IRS rule on crypto income reporting using CRA. Rule expands ‘broker’ […]

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Ted Cruz Challenges IRS Crypto Rule with CRA, Ignites Industry Backlash

Ted Cruz and Allies Challenge IRS Crypto Rule, Sparking Industry Debate Is the IRS about to kill the spirit of decentralized finance with its new rule? Senator Ted Cruz and allies think so. Ted Cruz challenges IRS crypto rule using CRA Rule requires decentralized exchanges to collect user data Crypto industry backlash and legal action […]

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