Beginners

Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Cryptocurrencies

The First U.S. Crypto Law is Now in Effect! Trump Has Eliminated DeFi Regulations!

Source Tradingkey

TradingKey - President Trump has signed a cryptocurrency bill. This officially removes the DeFi broker rules. It eases regulatory requirements for the industry.

On Thursday, Trump signed the bill to repeal the DeFi broker rules. This marks the first U.S. legislation specifically for cryptocurrency.

The DeFi broker rules were introduced by the Biden administration in 2021. They required decentralized platforms to comply with IRS demands. This included providing data on customer information and total crypto sales revenue.

The rules faced quick backlash. Critics argued they would hinder DeFi development. Republican Senator Ted Cruz pushed to repeal these rules, and now he has Trump’s support. Cruz attended the signing ceremony and stated, "This regulation will undermine America’s leadership in crypto. I thank President Trump for signing my resolution into law."

Cruz added, "We are protecting developers building the future of cryptocurrency. We clearly state that America will not cede digital leadership to China. We will preserve the ability for Americans to trade without government interference."

Source

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

Bitcoin Dips Below $88K Amid Low Trading Volumes and Waning Institutional Demand Bitcoin fell to $87,458, down 2.5% as it struggled to maintain momentum above $90,000. Diminished institutional demand and holiday-thinned trading conditions have led to increased caution among investors ahead of key Federal Reserve meeting minutes.

Author Mitrade

Dec 30, 2025

Bitcoin fell to $87,458, down 2.5% as it struggled to maintain momentum above $90,000. Diminished institutional demand and holiday-thinned trading conditions have led to increased caution among investors ahead of key Federal Reserve meeting minutes.

Gold and Silver Reach Record Highs Amid Tensions and Weakening Dollar Gold and silver prices soared to unprecedented levels on Friday as investors flocked to safe-haven assets in response to escalating geopolitical tensions and a declining U.S. dollar, with forecasts predicting continued strength into the new year.

Author Mitrade

Dec 26, 2025

Gold and silver prices soared to unprecedented levels on Friday as investors flocked to safe-haven assets in response to escalating geopolitical tensions and a declining U.S. dollar, with forecasts predicting continued strength into the new year.

XRP ETF Assets Top $1.25 Billion as Price Stalls in Key Trading Range XRP exchange-traded funds (ETFs) have reached a significant milestone, with total net assets surpassing $1.25 billion, even as the token’s price remains confined to a narrow range—highlighting a growing divergence between steady institutional accumulation and muted spot market momentum.

Author Mitrade

Dec 25, 2025

XRP exchange-traded funds (ETFs) have reached a significant milestone, with total net assets surpassing $1.25 billion, even as the token’s price remains confined to a narrow range—highlighting a growing divergence between steady institutional accumulation and muted spot market momentum.

NVIDIA to Acquire AI Chip Designer Groq in $20 Billion Cash Deal NVIDIA has announced its plan to acquire Groq, an AI chip designer, for $20 billion. This strategic move aims to enhance NVIDIA's position in the evolving AI hardware market.

Author Mitrade

Dec 25, 2025

NVIDIA has announced its plan to acquire Groq, an AI chip designer, for $20 billion. This strategic move aims to enhance NVIDIA's position in the evolving AI hardware market.

Bitcoin Faces Worst Fourth Quarter Since 2018 as Market Fatigue Persists Bitcoin's recent push back toward the $90,000 mark has provided the cryptocurrency market with a short-term lift, but few analysts view the move as a meaningful turning point following one of the weakest second halves in recent years.

Author Mitrade

Dec 23, 2025

Bitcoin's recent push back toward the $90,000 mark has provided the cryptocurrency market with a short-term lift, but few analysts view the move as a meaningful turning point following one of the weakest second halves in recent years.

Popular Symbols