Big news for cryptocurrency! The U.S. Senate voted to stop a new rule that would have made it harder for cryptocurrency companies to operate. The rule was about taxes and how cryptocurrency businesses keep track of who uses their services. Many people thought the rule was too difficult and unfair.
- The Senate voted to cancel a strict new tax rule for cryptocurrency.
- This rule would have made things harder for companies that deal with crypto.
- Many people believed the rule was too complicated and didn't make sense.
- This vote shows that both Republicans and Democrats are working together on cryptocurrency issues.
| Fact | Number |
|---|---|
| Senate votes to overturn rule | 70-27 |
| Expected Presidential action | Sign into law |
