President Trump Revokes Regulations Applicable for Front-End Service Providers Facilitating Digital Asset and Cryptocurrency Transactions
By EsqSocial Corporation 16/04/25
On April 10, 2025, President Trump signed into law a measure1 that repeals the final regulations relating primarily to persons who are front-end service providers that operate decentralized finance (DeFi) platforms, which were published by the Department of the Treasury (the Treasury) and the Internal Revenue Service (the IRS) on December 30, 2024 (the Final DeFi Regulations). The Final DeFi Regulations required DeFi industry participants offering services to facilitate digital asset...
By: Wilson Sonsini Goodrich & Rosati