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Crypto's IRS Victory Reveals Reach in Congress That Demands Less Compromise

As the industry moves forward with bills on stablecoins and market-structure rules, the kind of dealing lobbyists were prepared to make may no longer be needed.

By Jesse Hamilton|Edited by Nikhilesh De

Updated Mar 13, 2025, 4:01 p.m. Published Mar 13, 2025, 2:54 p.m.

U.S. Capitol Building (Jesse Hamilton/CoinDesk) — Early votes on a tax rule for DeFi in this congressional session may reveal the direction of the crypto tide. (Jesse Hamilton/CoinDesk)