Yigit Taha OZTURK 
The Trump administration has announced its support for repealing the IRS DeFi broker rule, which is set to take effect in 2027. If approved by Congress, Donald Trump is expected to sign the resolution into law.
White House Signals Support for DeFi Industry!
David Sacks, the AI and crypto czar in the Trump administration, stated on March 4 that the White House backs legislative efforts to overturn the IRS regulation expanding the definition of “broker” to include DeFi access providers.
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Sacks confirmed via X (formerly Twitter) that the administration supports a resolution introduced by Texas Senator Ted Cruz and Ohio Representative Mike Carey under the Congressional Review Act to repeal the rule.
Senior White House advisers have reportedly recommended that Trump sign the resolution into law if passed by Congress.
Why Is the DeFi Broker Rule Controversial?
The IRS rule aims to classify software providers enabling access to DeFi protocols as brokers, thereby imposing strict reporting obligations on them.
The crypto community argues that such regulations could stifle innovation and undermine the decentralized nature of DeFi. White House support for rescinding the rule sends a positive signal to the DeFi industry.
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