The U.S. House Committee has taken preliminary action to push for the repeal of the Internal Revenue Service's (IRS) tax rules on decentralized finance (DeFi). This rule requires DeFi protocols to report trading information through brokers, but the crypto industry believes that this rule is unfair and unenforceable, and may include entities that do not belong to brokers. The House Ways and Means Committee passed a resolution with 26 votes to 16, recommending the repeal of the rule under the Congressional Review Act. The resolution will now be submitted to the full House of Representatives for a vote. （CoinDesk） https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=38601