š„The IRS just dropped the hammer on crypto.
New Treasury rule applies to the sale of every single digital asset. Platforms, even DeFi, must track and report every sale. NFTs, stablecoins, nothingās off the table.
@BillHughesDC says lawsuits are imminent, calling it an overreach. @jchervinsky calls it āunlawful,ā and @CaitlinLong_ warns itās part of the Biden/Warren anti-crypto push.
This fight could hit Congress, but with Trump promising to kill the "anti-crypto crusade" in 2025, the game might change fast.
Will this legal battle break cryptoāor send it sky-high? š $BTC holders, the battleās just beginning.