In the grand drama of liberty versus ledger, the United States Senate—those occasional knights of freedom—has vanquished the nefarious IRS “broker” rule. Be still, my heart; decentralized finance (DeFi) protocols shall no longer play tattletale to Big Brother. 📉⚔️
The impending plot twist? Many a pundit prophesize that the American bard of bravado, Donald Trump, may soon affix his signature upon this legislative parchment, obliterating a Biden-era policy that had all the charm of expired caviar.
Trump: The Rescuer of Crypto Folk? 🤔
Analysts, ever the harbingers of speculation, suggest that Trump—a name as divisive as pineapple on pizza—might soon pen a resolution reversing Biden’s rule, free DeFi protocols from the IRS, and send crypto enthusiasts spinning into a euphoric frenzy. 🪙✨
The Biden-DeFi edict, described by critics as “unworkable,” has been dispatched to the legislative guillotine—vive la révolution! Not since the invention of avocado toast has the world felt such exhilaration. 🥑📜
The following quill-dipped revelation graces us courtesy of Blockchain Association CEO @KMSmithDC:
— Blockchain Association (@BlockchainAssn) March 27, 2025
Rebellion on the Senate Floor 🎭
In an act of defiance worthy of Shakespearean drama, 70 senators out of 98 hoisted the banner of repeal against the IRS broker diktat, turning the tide of history on March 26. One can almost hear the faint echo of triumphant cheers over the clinking of champagne flutes. 🍾⚖️
1/ A Bipartisan Ballad of Justice:
With a scintillating majority of 70 Senators, Congress has slain the IRS “broker” rule dragon—proclaiming liberty in how Americans transact!
— DeFi Education Fund (@fund_defi) March 27, 2025
The DeFi revolutionaries—armed with hashtags and high hopes—declaim the Senate’s decision with all the fervor of star-crossed poets. “Freedom to trade!” they cry, as the bureaucratic chains are shattered before their eyes. One wonders if a Netflix special is forthcoming. 🍿📺
Meanwhile, at an undisclosed wine bar, celebratory toasts echo among crypto enthusiasts. “We extend our gratitude to Senator Ted Cruz and Representative Mike Carey for their valiant efforts!” DeFi Education Fund exclaimed, dabbing at imaginary tears with silk kerchiefs.
The next step? The parchment—ahem, legislation—travels to Trump’s gilded desk, awaiting his autograph in what surely must be the most ostentatious signing ceremony since Marie Antoinette discovered cake. 🍰👑
Yet not all are cheering in the amphitheater. Democratic Rep. Lloyd Doggett, clutching his pearls and citing fears of chaos, proclaims this legislative joyride an invitation to globetrotting tax evaders, nefarious financiers, and possibly, amateur magicians. 🎩💰🪄
Will this repeal bring about a golden DeFi dawn or endless midnight for regulators? Reflect, dear reader, as the curtain falls on yet another act in America’s eternal political comedy. 🎭✨
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2025-03-29 15:14