The first crypto-related bill signed by any U.S. president eliminates the IRS DeFi broker rule proposed by the Biden administration in 2023. Industry leaders and lawmakers objected to the rule, citing its potential to hinder innovation and overwhelm the IRS with new filings.
The Celestia fire sparked widespread discussion about modular blockchains. In fact, modular blockchain has always been an important part of the application chain narrative and is not a new thing.
