In a significant move, 80% of Congress members voted to pass a bill that stops the IRS from cracking down on decentralized finance (DeFi). This decision reflects a strong bipartisan support for the burgeoning sector. Meanwhile, the SEC has delayed decisions on altcoin ETFs until 2025, yet the outlook for approval remains positive. In other news, Congress is actively considering a framework for stablecoins while firmly rejecting any overreach by central bank digital currencies (CBDCs). Fidelity has approached the SEC with a request to include staking in its Ethereum ETF, aiming to enhance investor returns. OKX, a major player in the crypto space, has publicly denied any involvement in regulatory investigations or laundering stolen funds. Lastly, a court ruling in the Uniswap case has established a legal precedent that offers protection to DeFi developers.
Fox News
@FoxNews
·
Sep 20, 2024 VOTE IS IN: The bill passed the House with an overwhelming unanimous 405 to 0 vote, a rare show of bipartisanship in Congress. https://trib.al/zVQtGSN
Billy Carson II
@4biddnKnowledge
·
Jan 11, 2023 House Republicans to vote on bill abolishing IRS, eliminating income tax. Vote on abolishing IRS part of deal between Speaker McCarthy and House Freedom Caucus
W.R. Schock, QBD
@iontecs_pemf
·
Jan 25 OMG! Here it is! H.R. 25 ABOLISHES THE IRS & repeals INCOME TAX. This is absolutely real!
.Gov page https://congress.gov/bill/119th-congress/house-bill/25…
Nick Sortor
@nicksortor
·
Sep 25, 2024 #BREAKING: The House has just passed a Continuing Resolution to move forward with massive Pelosi-era spending until at least December
SPEAKER JOHNSON CAVED AGAIN.
The House will now be taking yet ANOTHER month off, just after they returned for a monthlong vacation.
And NO
PoliticsGirl
@IAmPoliticsGirl
·
May 22, 2023 I recorded this last year and the Republicans are still lying about it. And they DID pass the bill to defund the IRS. It was just DOA in the Senate.
Santa Surfing
@SantaSurfing
·
Jan 14 NESARA / GESARA IS ON!!!
TRUMP TRUTH POST ON 1/14/2025!
EXTERNAL REVENUE SERVICE INCOMING!!!
HR 25 A Bill re-introduced by 119th Congress!
To repeal the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national sales tax to be administered
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