This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. The DeFi broker rule saga is behind us. …
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Broker
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Markets
Crypto-Friendly Prime Broker Hidden Road in Active Takeover Talks: Sources
by shayaanby shayaanHidden Road, a prime broker that focuses on both crypto and traditional assets, has received an inbound takeover approach, according to two …
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The Senate voted 70-28 on Wednesday in support of a resolution to knock down a Biden-era rule previously pushed by the IRS that …
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Regulation
Congress moves to overturn IRS broker rule targeting DeFi platforms, potential Trump signing on March 28
by shayaanby shayaanThe US Senate is preparing to hold a final vote on March 27 to nullify the Internal Revenue Service’s (IRS) broker reporting …
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This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. House representatives voted yesterday to overturn the IRS’s …
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A majority of lawmakers in the U.S. House of Representatives voted to overturn an IRS rule treating crypto entities as brokers and …
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This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Some believe the Senate’s vote to overturn the …
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Regulation
White House announces support for Sen Ted Cruz and Rep Mike Carey in Broker DeFi Rule appeal
by shayaanby shayaanAccording to an X post by Trump’s AI and Crypto Czar, David Sacks, earlier today, the White House supports Senator Ted Cruz …
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Markets
Crypto Prime Broker FalconX's Head of Trading Brian Strugats Has Left the Business
by shayaanby shayaanBrian Strugats, head of trading at cryptocurrency prime broker FalconX, has left the business, according to an internal memo seen by CoinDesk. …
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Regulation
U.S. Senate Expected to Vote on Erasing IRS’s Crypto Broker Rule That Threatens DeFi: Source
by shayaanby shayaanThe U.S. Senate is poised to vote this week on reversing an Internal Revenue Service (IRS) rule, that the crypto industry has …
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