First-Ever Crypto Bill Becomes Law: President Trump Repeals IRS DeFi Rule

President Donald Trump signed the first-ever crypto-specific bill into law on April 10, 2025. The bill sought to repeal the IRS DeFi Broker Rule enacted under the Biden administration. Previously, the resolution passed the Senate with a 70-28 vote and the House with a 292-132 margin. This reflected a widespread recognition of the need to protect innovation and privacy in the digital asset space source: https://beincrypto.com/first-crypto-legislation-trump/