Blockchain groups are challenging new IRS rules requiring crypto brokers and DEXs to report all transactions, causing a stir in the blockchain community.
The Blockchain Association and Texas Blockchain Council have taken legal action against the IRS. They claim new IRS rules could stifle DeFi innovation.
The Blockchain Association, DeFi Education Fund, and Texas Blockchain Council sue IRS to stop new KYC rules for DeFi services, requiring customer data tracking.
Crypto groups are suing the IRS over "broker" rules. They claim this is unconstitutional overreach. 🔍
Lee Bratcher emphasizes that a lack of blockchain literacy contributes to lawmakers' apprehension. He notes relief in the industry due to recent election outcomes.
The Texas Blockchain Council endorses Ted Cruz for U.S. Senate, praising his support for Bitcoin and its benefits for Texas's economy and energy grid.
Ted Cruz proposes integrating Bitcoin mining into Texas' energy grid to stabilize it during extreme weather events. Miners could adjust energy use to support essential services, potentially preventing blackouts.
EIA will survey U.S. cryptocurrency miners about energy use after a failed first attempt opposed by the Texas Blockchain Council.
The Texas Blockchain Council endorses Ted Cruz for US Senate, highlighting his advocacy for Bitcoin mining and its benefits for Texas's energy grid.
