Big news for cryptocurrency! The US government just changed a rule about taxes on crypto. It was hard for companies to follow, especially those using something called DeFi (Decentralized Finance – imagine a shared bank that no one person owns).
- The rule made it hard for crypto companies to share user information with the government for taxes.
- Many lawmakers thought this rule was unfair and too difficult.
- The government voted to cancel the rule, which is good news for the crypto world.
| Thing | Number |
|---|---|
| Lawmakers who voted to cancel the rule | 292 |
| Lawmakers who voted against it | 132 |
This means that many people who work with crypto will find it much easier to pay their taxes. Experts think this shows that the US might become more friendly toward crypto in the future!
