Golden Finance reported that U.S. crypto-friendly Senator Cynthia Lummis retweeted the news that “The White House will support CRA to revoke the DeFi broker rules” said, “The Internal Revenue Service’s (IRS) rules for DeFi fundamentally misunderstand how decentralized technology works. Wyoming has always been at the forefront of responsible digital asset regulation, and I have witnessed first-hand how regulatory clarity — not over-regulation — can promote innovation. These tough federal regulations may push American crypto entrepreneurs overseas, when we should be fostering this industry at home. It’s an honor to join Senator Ted Cruz to revoke this attack on the crypto community.”